TEAG HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 21077135
Mellemvang 7, 2970 Hørsholm

Company information

Official name
TEAG HOLDING A/S
Established
1998
Company form
Limited company
Industry

About TEAG HOLDING A/S

TEAG HOLDING A/S (CVR number: 21077135) is a company from HØRSHOLM. The company recorded a gross profit of -69.5 kDKK in 2023. The operating profit was -69.5 kDKK, while net earnings were 3804.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TEAG HOLDING A/S's liquidity measured by quick ratio was 5.5 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-76.98-75.86-77.54-25.23-69.51
EBIT-76.98-75.86-77.54-25.23-69.51
Net earnings4 127.283 902.803 965.60458.513 804.92
Shareholders equity total45 302.3148 605.1151 970.7151 829.2255 034.14
Balance sheet total (assets)45 370.9749 400.2652 956.4052 587.0356 438.33
Net debt- 721.09-1 279.38-50.97449.71322.44
Profitability
EBIT-%
ROA10.7 %9.5 %9.7 %5.1 %8.3 %
ROE9.5 %8.3 %7.9 %0.9 %7.1 %
ROI10.7 %9.6 %9.8 %5.1 %8.3 %
Economic value added (EVA)-1 536.99-1 731.96-1 840.44-1 959.78-1 923.69
Solvency
Equity ratio99.8 %98.4 %98.1 %98.6 %97.5 %
Gearing0.1 %1.4 %1.4 %
Relative net indebtedness %
Liquidity
Quick ratio132.913.07.09.55.5
Current ratio132.913.07.09.55.5
Cash and cash equivalents767.881 279.3850.97263.21425.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.25%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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