TMJ Investment A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TMJ Investment A/S
TMJ Investment A/S (CVR number: 43298283K) is a company from GENTOFTE. The company reported a net sales of 4312 mDKK in 2023, demonstrating a growth of 45.2 % compared to the previous year. The operating profit percentage was at 0.8 % (EBIT: 35.1 mDKK), while net earnings were 18.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 37.4 %, 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. TMJ Investment A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 2 969 183.00 | 4 312 044.00 |
Gross profit | 382 719.00 | 187 824.00 |
EBIT | 277 531.00 | 35 064.00 |
Net earnings | 267 413.00 | 18 119.00 |
Shareholders equity total | 467 413.00 | 494 043.00 |
Balance sheet total (assets) | 1 358 815.00 | 1 321 020.00 |
Net debt | -56 358.00 | 40 431.00 |
Profitability | ||
EBIT-% | 9.3 % | 0.8 % |
ROA | 20.4 % | 2.7 % |
ROE | 57.2 % | 3.8 % |
ROI | 58.8 % | 7.0 % |
Economic value added (EVA) | 276 014.75 | 16 400.82 |
Solvency | ||
Equity ratio | 34.4 % | 37.4 % |
Gearing | 0.0 % | 9.2 % |
Relative net indebtedness % | 28.0 % | 18.9 % |
Liquidity | ||
Quick ratio | 1.0 | 1.0 |
Current ratio | 1.4 | 1.5 |
Cash and cash equivalents | 56 465.00 | 4 981.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 96.4 | 68.6 |
Net working capital % | 12.6 % | 9.5 % |
Credit risk | ||
Credit rating | BBB | BBB |
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