TE HOLDING HJØRRING ApS — Credit Rating and Financial Key Figures

CVR number: 27036767
Åkandevej 31, 9800 Hjørring

Company information

Official name
TE HOLDING HJØRRING ApS
Established
2003
Company form
Private limited company
Industry

About TE HOLDING HJØRRING ApS

TE HOLDING HJØRRING ApS (CVR number: 27036767) is a company from HJØRRING. The company recorded a gross profit of -17 kDKK in 2023. The operating profit was -17 kDKK, while net earnings were 1124.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent but Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TE HOLDING HJØRRING ApS's liquidity measured by quick ratio was 461.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.41-14.09-17.40-20.46-16.99
EBIT-5.41-14.09-17.40-20.46-16.99
Net earnings2 983.79220.10305.04154.581 124.53
Shareholders equity total7 382.847 492.347 684.387 724.568 731.29
Balance sheet total (assets)10 283.217 510.197 733.117 738.508 745.81
Net debt552.79-4 243.44-4 519.52-4 283.42-5 816.74
Profitability
EBIT-%
ROA40.7 %3.3 %15.3 %3.4 %18.1 %
ROE50.2 %3.0 %4.0 %2.0 %13.7 %
ROI40.8 %3.3 %5.8 %3.4 %14.9 %
Economic value added (EVA)-55.048.28-61.66-59.54-62.80
Solvency
Equity ratio71.8 %99.8 %99.4 %99.8 %99.8 %
Gearing39.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.8318.6127.3446.7461.5
Current ratio1.8318.6127.3446.7461.5
Cash and cash equivalents2 335.154 243.444 519.524 283.425 816.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:18.1%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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