TM HÅNDVÆRKERSELSKAB ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TM HÅNDVÆRKERSELSKAB ApS
TM HÅNDVÆRKERSELSKAB ApS (CVR number: 26265495) is a company from KØBENHAVN. The company recorded a gross profit of 559.9 kDKK in 2023. The operating profit was -1560.1 kDKK, while net earnings were -1441.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.9 %, which can be considered poor and Return on Equity (ROE) was -50.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.9 %, 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. TM HÅNDVÆRKERSELSKAB 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 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 288.54 | 393.38 | 181.80 | 337.94 | 559.94 |
EBIT | 108.56 | 393.38 | 251.80 | 287.94 | -1 560.06 |
Net earnings | 65.68 | 281.67 | 175.90 | 96.62 | -1 441.60 |
Shareholders equity total | 2 996.38 | 3 278.05 | 3 453.95 | 3 550.57 | 2 108.96 |
Balance sheet total (assets) | 10 552.08 | 10 500.00 | 10 740.31 | 10 812.25 | 8 841.91 |
Net debt | 6 502.39 | 6 288.55 | 6 171.50 | 6 059.32 | 6 228.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.0 % | 3.7 % | 2.4 % | 2.7 % | -15.9 % |
ROE | 2.2 % | 9.0 % | 5.2 % | 2.8 % | -50.9 % |
ROI | 1.1 % | 3.9 % | 2.5 % | 2.8 % | -16.4 % |
Economic value added (EVA) | - 374.16 | - 152.32 | - 274.85 | - 259.33 | -1 682.08 |
Solvency | |||||
Equity ratio | 28.4 % | 31.2 % | 32.2 % | 32.8 % | 23.9 % |
Gearing | 217.0 % | 191.8 % | 181.6 % | 178.3 % | 295.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.3 | 0.4 | 0.7 | |
Current ratio | 0.1 | 0.3 | 0.4 | 0.7 | |
Cash and cash equivalents | 100.19 | 272.67 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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