TERMAX A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TERMAX A/S
TERMAX A/S (CVR number: 21387975) is a company from FAXE. The company recorded a gross profit of 4443.8 kDKK in 2023. The operating profit was -135.2 kDKK, while net earnings were -207.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TERMAX A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 297.57 | 3 482.21 | 5 180.37 | 4 291.64 | 4 443.82 |
EBIT | 1 157.64 | 1 029.77 | 2 222.91 | 903.41 | - 135.23 |
Net earnings | 826.18 | 697.12 | 1 622.19 | 620.62 | - 207.08 |
Shareholders equity total | 3 537.65 | 4 034.77 | 5 656.96 | 6 277.58 | 5 820.50 |
Balance sheet total (assets) | 6 245.25 | 9 500.80 | 10 505.70 | 9 557.70 | 10 057.01 |
Net debt | - 983.12 | - 883.43 | -1 693.87 | -1 326.60 | 1 199.20 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.8 % | 13.1 % | 22.2 % | 9.0 % | -1.3 % |
ROE | 26.4 % | 18.4 % | 33.5 % | 10.4 % | -3.4 % |
ROI | 22.5 % | 17.3 % | 31.7 % | 12.1 % | -1.7 % |
Economic value added (EVA) | 763.66 | 642.04 | 1 594.35 | 518.53 | - 345.85 |
Solvency | |||||
Equity ratio | 56.6 % | 42.5 % | 53.8 % | 65.7 % | 57.9 % |
Gearing | 6.5 % | 18.8 % | 6.0 % | 3.7 % | 20.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 1.1 | 1.6 | 1.9 | 0.7 |
Current ratio | 4.2 | 1.6 | 2.6 | 3.2 | 1.6 |
Cash and cash equivalents | 1 214.50 | 1 643.86 | 2 034.60 | 1 558.10 | 1.91 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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