TP Handel & Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TP Handel & Service ApS
TP Handel & Service ApS (CVR number: 32766056) is a company from VIBORG. The company recorded a gross profit of -134.3 kDKK in 2023. The operating profit was -1146.6 kDKK, while net earnings were -972.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -134.8 %, which can be considered poor and Return on Equity (ROE) was -188.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -36.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TP Handel & Service ApS's liquidity measured by quick ratio was 0.6 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 | 646.09 | 209.72 | 628.63 | 580.30 | - 134.26 |
EBIT | - 197.77 | -90.23 | 193.42 | 12.77 | -1 146.56 |
Net earnings | - 173.18 | -98.28 | 138.54 | 2.05 | - 972.19 |
Shareholders equity total | 913.24 | 814.96 | 953.51 | 887.87 | -84.31 |
Balance sheet total (assets) | 1 857.44 | 1 630.22 | 1 649.31 | 1 473.03 | 144.07 |
Net debt | 543.13 | 455.48 | -50.81 | 249.04 | - 103.59 |
Profitability | |||||
EBIT-% | |||||
ROA | -10.9 % | -5.1 % | 11.9 % | 1.0 % | -134.8 % |
ROE | -17.3 % | -11.4 % | 15.7 % | 0.2 % | -188.4 % |
ROI | -12.5 % | -5.8 % | 15.3 % | 1.3 % | -172.2 % |
Economic value added (EVA) | - 209.62 | - 116.46 | 109.77 | -32.31 | -1 005.20 |
Solvency | |||||
Equity ratio | 49.2 % | 50.0 % | 58.2 % | 60.7 % | -36.9 % |
Gearing | 59.5 % | 55.9 % | 0.6 % | 28.0 % | -7.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.2 | 0.6 | 0.2 | 0.6 |
Current ratio | 0.9 | 0.8 | 1.2 | 1.2 | 0.6 |
Cash and cash equivalents | 56.28 | 109.88 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | B |
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