TÅRNBY KAROSSERIFABRIK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TÅRNBY KAROSSERIFABRIK ApS
TÅRNBY KAROSSERIFABRIK ApS (CVR number: 86347911) is a company from TÅRNBY. The company recorded a gross profit of 825 kDKK in 2023. The operating profit was -54.3 kDKK, while net earnings were -55.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -86.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TÅRNBY KAROSSERIFABRIK ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 812.39 | 787.68 | 831.32 | 285.91 | 824.98 |
EBIT | - 658.05 | - 361.71 | - 368.17 | - 468.76 | -54.33 |
Net earnings | - 658.17 | - 362.19 | - 369.24 | - 469.09 | -55.33 |
Shareholders equity total | -6 139.39 | -6 501.58 | -6 870.82 | -7 339.91 | -7 395.24 |
Balance sheet total (assets) | 823.45 | 901.60 | 775.26 | 851.87 | 1 118.38 |
Net debt | 5 750.60 | 6 502.21 | 6 700.91 | 6 938.83 | 7 001.59 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.6 % | -5.0 % | -4.9 % | -5.9 % | -0.6 % |
ROE | -65.0 % | -42.0 % | -44.0 % | -57.7 % | -5.6 % |
ROI | -11.4 % | -5.8 % | -5.6 % | -6.8 % | -0.8 % |
Economic value added (EVA) | - 377.58 | -43.18 | -41.47 | - 122.33 | 320.27 |
Solvency | |||||
Equity ratio | -88.2 % | -87.8 % | -89.9 % | -89.6 % | -86.9 % |
Gearing | -96.9 % | -100.0 % | -97.9 % | -96.1 % | -96.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.7 | 0.5 | 0.5 | 0.6 |
Current ratio | 0.8 | 1.0 | 0.8 | 0.7 | 0.8 |
Cash and cash equivalents | 199.46 | 0.02 | 23.47 | 114.90 | 167.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | B | B | B | BB |
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