TEAG HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 4 127.28 | 3 902.80 | 3 965.60 | 458.51 | 3 804.92 |
Shareholders equity total | 45 302.31 | 48 605.11 | 51 970.71 | 51 829.22 | 55 034.14 |
Balance sheet total (assets) | 45 370.97 | 49 400.26 | 52 956.40 | 52 587.03 | 56 438.33 |
Net debt | - 721.09 | -1 279.38 | -50.97 | 449.71 | 322.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.7 % | 9.5 % | 9.7 % | 5.1 % | 8.3 % |
ROE | 9.5 % | 8.3 % | 7.9 % | 0.9 % | 7.1 % |
ROI | 10.7 % | 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 ratio | 99.8 % | 98.4 % | 98.1 % | 98.6 % | 97.5 % |
Gearing | 0.1 % | 1.4 % | 1.4 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 132.9 | 13.0 | 7.0 | 9.5 | 5.5 |
Current ratio | 132.9 | 13.0 | 7.0 | 9.5 | 5.5 |
Cash and cash equivalents | 767.88 | 1 279.38 | 50.97 | 263.21 | 425.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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