T.E. HOLDING, VEJLE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T.E. HOLDING, VEJLE ApS
T.E. HOLDING, VEJLE ApS (CVR number: 28963122) is a company from VEJLE. The company recorded a gross profit of 247.4 kDKK in 2024. The operating profit was 22.1 kDKK, while net earnings were -89.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -15.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.4 %, 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. T.E. HOLDING, VEJLE ApS's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 529.06 | 727.69 | 523.65 | 605.96 | 247.35 |
EBIT | -76.74 | 95.57 | - 144.69 | -55.47 | 22.14 |
Net earnings | 130.67 | 112.31 | - 199.42 | -76.83 | -89.52 |
Shareholders equity total | 879.67 | 991.98 | 792.56 | 656.83 | 506.32 |
Balance sheet total (assets) | 1 158.51 | 1 484.15 | 1 126.46 | 1 336.56 | 1 430.72 |
Net debt | -1 020.76 | -1 113.37 | -1 078.26 | -1 273.66 | - 590.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.2 % | 11.2 % | -8.5 % | 3.1 % | 2.0 % |
ROE | 15.5 % | 12.0 % | -22.3 % | -10.6 % | -15.4 % |
ROI | 19.8 % | 15.7 % | -12.4 % | 5.2 % | 4.7 % |
Economic value added (EVA) | -56.27 | 81.33 | - 135.31 | -41.09 | 53.07 |
Solvency | |||||
Equity ratio | 75.9 % | 66.8 % | 70.4 % | 49.1 % | 35.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.1 | 3.0 | 3.3 | 1.9 | 1.5 |
Current ratio | 4.1 | 3.0 | 3.3 | 1.9 | 1.5 |
Cash and cash equivalents | 1 020.76 | 1 113.37 | 1 078.26 | 1 273.66 | 590.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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