TüV Nord Danmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TüV Nord Danmark ApS
TüV Nord Danmark ApS (CVR number: 21084883) is a company from KOLDING. The company recorded a gross profit of -569.4 kDKK in 2023. The operating profit was -849.6 kDKK, while net earnings were -843.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.5 %, which can be considered poor and Return on Equity (ROE) was -84.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38 %, 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. TüV Nord Danmark ApS's liquidity measured by quick ratio was 2 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 | 3 053.00 | 2 971.00 | 2 698.00 | - 336.00 | - 569.36 |
EBIT | 227.00 | 547.00 | 69.00 | - 323.00 | - 849.59 |
Net earnings | 59.00 | 663.00 | -21.00 | - 350.00 | - 843.52 |
Shareholders equity total | - 420.00 | 243.00 | 221.00 | 1 422.00 | 577.93 |
Balance sheet total (assets) | 2 701.00 | 3 889.00 | 4 002.00 | 2 864.00 | 1 882.91 |
Net debt | 756.00 | 649.00 | 1 412.00 | - 882.00 | - 804.71 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.9 % | 19.6 % | 1.8 % | -9.3 % | -35.5 % |
ROE | 2.2 % | 45.0 % | -9.1 % | -42.6 % | -84.4 % |
ROI | 12.0 % | 29.6 % | 2.6 % | -12.1 % | -44.3 % |
Economic value added (EVA) | 289.51 | 628.15 | 133.87 | - 288.43 | - 826.38 |
Solvency | |||||
Equity ratio | -13.5 % | 6.2 % | 5.5 % | 54.3 % | 38.0 % |
Gearing | -464.5 % | 898.4 % | 1050.2 % | 70.5 % | 139.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.1 | 1.1 | 2.4 | 2.0 |
Current ratio | 0.9 | 1.1 | 1.1 | 2.0 | 1.4 |
Cash and cash equivalents | 1 195.00 | 1 534.00 | 909.00 | 1 884.00 | 1 611.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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