TST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TST ApS
TST ApS (CVR number: 30075064) is a company from IKAST-BRANDE. The company recorded a gross profit of -33.8 kDKK in 2023. The operating profit was -33.8 kDKK, while net earnings were 1070.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 79.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TST ApS's liquidity measured by quick ratio was 4.3 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 | -66.83 | - 647.69 | 379.14 | 42.50 | -33.82 |
EBIT | -66.83 | - 647.69 | 279.59 | -59.30 | -33.82 |
Net earnings | 6 862.28 | -2 644.71 | 4 323.71 | 154.36 | 1 070.88 |
Shareholders equity total | 44 980.59 | 39 516.08 | 43 933.64 | 40 104.38 | 40 981.57 |
Balance sheet total (assets) | 45 111.19 | 41 617.30 | 54 150.52 | 53 123.04 | 51 345.04 |
Net debt | -22 283.38 | -2 374.04 | 1 961.10 | 1 956.97 | -11 750.52 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.2 % | 0.8 % | 12.3 % | 0.9 % | 3.6 % |
ROE | 16.4 % | -6.3 % | 10.4 % | 0.4 % | 2.6 % |
ROI | 17.3 % | 0.8 % | 13.0 % | 1.0 % | 4.0 % |
Economic value added (EVA) | -1 899.02 | - 980.67 | -1 309.45 | -1 667.34 | -1 304.43 |
Solvency | |||||
Equity ratio | 99.7 % | 95.0 % | 81.1 % | 75.5 % | 79.8 % |
Gearing | 15.6 % | 18.9 % | 16.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 264.2 | 13.1 | 3.3 | 2.6 | 4.3 |
Current ratio | 264.2 | 13.1 | 3.3 | 2.6 | 4.3 |
Cash and cash equivalents | 22 283.38 | 2 374.04 | 4 901.48 | 5 640.88 | 18 648.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | AA |
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