TVETERAAS INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TVETERAAS INVEST ApS
TVETERAAS INVEST ApS (CVR number: 25348028) is a company from AARHUS. The company recorded a gross profit of -74.2 kDKK in 2023. The operating profit was -74.2 kDKK, while net earnings were -563.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.2 %, which can be considered poor and Return on Equity (ROE) was -11.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.8 %, 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. TVETERAAS INVEST 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 | 11.11 | -2.85 | -7.42 | -74.22 | |
EBIT | 11.11 | -2.85 | -7.42 | -5.65 | -74.22 |
Net earnings | 888.57 | 1 502.06 | 1 795.92 | -97.52 | - 563.81 |
Shareholders equity total | 3 068.49 | 4 590.47 | 6 377.82 | 6 280.30 | 3 466.50 |
Balance sheet total (assets) | 4 095.55 | 5 607.49 | 7 402.63 | 7 306.58 | 5 189.05 |
Net debt | 825.52 | 420.11 | 755.48 | 1 010.69 | -1 975.40 |
Profitability | |||||
EBIT-% | |||||
ROA | 24.7 % | 32.2 % | 29.2 % | 3.8 % | -13.2 % |
ROE | 33.7 % | 39.2 % | 32.7 % | -1.5 % | -11.6 % |
ROI | 24.7 % | 32.2 % | 29.2 % | 3.8 % | -14.0 % |
Economic value added (EVA) | -87.68 | - 146.87 | - 207.88 | - 312.95 | - 405.45 |
Solvency | |||||
Equity ratio | 74.9 % | 81.9 % | 86.2 % | 86.0 % | 66.8 % |
Gearing | 33.5 % | 22.2 % | 16.0 % | 16.2 % | 30.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 13.8 | 40.3 | 10.6 | 0.3 | 4.3 |
Current ratio | 13.8 | 40.3 | 10.6 | 0.3 | 4.3 |
Cash and cash equivalents | 201.53 | 596.91 | 262.42 | 8.68 | 3 015.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
Variable visualization
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