T-C Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 43177346
Bredgade 45 A, 1260 København K

Credit rating

Company information

Official name
T-C Denmark ApS
Established
2022
Company form
Private limited company
Industry

About T-C Denmark ApS

T-C Denmark ApS (CVR number: 43177346) is a company from KØBENHAVN. The company recorded a gross profit of -2396.4 kDKK in 2023. The operating profit was -2396.4 kDKK, while net earnings were -53.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 31.3 %, which can be considered excellent but Return on Equity (ROE) was -66.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. T-C Denmark ApS's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit-1 562.79-2 396.41
EBIT-1 562.79-2 396.41
Net earnings-1 399.20-53 234.56
Shareholders equity total105 909.4753 235.10
Balance sheet total (assets)171 061.51190 903.59
Net debt55 911.07136 110.78
Profitability
EBIT-%
ROA0.1 %31.3 %
ROE-1.3 %-66.9 %
ROI0.1 %-26.6 %
Economic value added (EVA)-1 516.97-2 225.20
Solvency
Equity ratio61.9 %27.9 %
Gearing58.5 %257.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.0
Current ratio1.82.0
Cash and cash equivalents6 072.981 017.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBB

Variable visualization

ROA:31.3%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.9%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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