Tschiersch Engineering ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tschiersch Engineering ApS
Tschiersch Engineering ApS (CVR number: 40479171) is a company from KOLDING. The company recorded a gross profit of 28.7 kDKK in 2022. The operating profit was -21.3 kDKK, while net earnings were -36.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -82.6 %, which can be considered poor and Return on Equity (ROE) was -161.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Tschiersch Engineering ApS's liquidity measured by quick ratio was 0.7 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 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -3.07 | -2.05 | -4.00 | 28.73 |
| EBIT | -3.07 | -2.05 | -4.00 | -21.27 |
| Net earnings | -3.07 | -2.06 | -4.00 | -36.77 |
| Shareholders equity total | -2.07 | -4.13 | 31.00 | -5.91 |
| Balance sheet total (assets) | 5.21 | 7.15 | 31.00 | 14.56 |
| Net debt | -1.13 | 8.21 | -20.00 | -4.91 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -42.2 % | -22.1 % | -18.9 % | -82.6 % |
| ROE | -59.0 % | -33.3 % | -21.0 % | -161.4 % |
| ROI | -36.3 % | -18.9 % | -135.2 % | |
| Economic value added (EVA) | -3.07 | -1.68 | -3.43 | -24.13 |
| Solvency | ||||
| Equity ratio | -28.4 % | -36.6 % | 100.0 % | -28.9 % |
| Gearing | -273.2 % | -8.1 % | ||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 0.2 | 0.3 | 0.7 | |
| Current ratio | 0.2 | 0.3 | 0.7 | |
| Cash and cash equivalents | 1.13 | 3.07 | 20.00 | 5.38 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BB | BB |
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