TGP EVENT & TOURS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TGP EVENT & TOURS ApS
TGP EVENT & TOURS ApS (CVR number: 29817952) is a company from GENTOFTE. The company recorded a gross profit of 22 kDKK in 2023. The operating profit was -106.5 kDKK, while net earnings were 685.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.8 %, which can be considered excellent and Return on Equity (ROE) was 40.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TGP EVENT & TOURS ApS's liquidity measured by quick ratio was 12.4 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 | 1 272.17 | ||||
Gross profit | 25.98 | 26.44 | -93.61 | - 129.69 | 21.99 |
EBIT | -98.28 | -98.66 | - 220.39 | - 262.63 | - 106.46 |
Net earnings | 10.82 | 182.76 | -38.55 | 126.08 | 685.82 |
Shareholders equity total | 1 486.37 | 1 558.54 | 1 406.99 | 1 418.67 | 1 986.69 |
Balance sheet total (assets) | 1 527.26 | 1 587.41 | 1 422.81 | 1 441.12 | 2 160.88 |
Net debt | -1 481.72 | -1 574.01 | -1 403.84 | -1 429.20 | -2 159.01 |
Profitability | |||||
EBIT-% | -7.7 % | ||||
ROA | 0.6 % | 11.8 % | -2.5 % | 8.8 % | 46.8 % |
ROE | 0.7 % | 12.0 % | -2.6 % | 8.9 % | 40.3 % |
ROI | 0.6 % | 12.1 % | -2.6 % | 9.0 % | 49.5 % |
Economic value added (EVA) | - 123.23 | -98.90 | - 219.60 | - 262.80 | -75.06 |
Solvency | |||||
Equity ratio | 97.3 % | 98.2 % | 98.9 % | 98.4 % | 91.9 % |
Gearing | |||||
Relative net indebtedness % | -113.3 % | ||||
Liquidity | |||||
Quick ratio | 37.4 | 55.0 | 89.9 | 64.2 | 12.4 |
Current ratio | 37.4 | 55.0 | 89.9 | 64.2 | 12.4 |
Cash and cash equivalents | 1 481.72 | 1 574.01 | 1 403.84 | 1 429.20 | 2 159.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.6 | ||||
Net working capital % | 22.5 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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