TK Handel Brædstrup ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TK Handel Brædstrup ApS
TK Handel Brædstrup ApS (CVR number: 36022051) is a company from HORSENS. The company recorded a gross profit of -14.9 kDKK in 2023. The operating profit was -14.9 kDKK, while net earnings were -15.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32 %, which can be considered poor and Return on Equity (ROE) was -45.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. TK Handel Brædstrup ApS's liquidity measured by quick ratio was 3.3 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 | 858.00 | 14.00 | 33.00 | -21.95 | -14.86 |
EBIT | 31.00 | 34.00 | 5.93 | -21.95 | -14.86 |
Net earnings | 24.00 | 22.00 | 4.39 | -23.46 | -15.12 |
Shareholders equity total | 184.00 | 206.00 | 60.38 | 36.91 | 30.13 |
Balance sheet total (assets) | 619.00 | 306.00 | 145.72 | 49.78 | 43.14 |
Net debt | 29.00 | 29.00 | -8.67 | 0.20 | -6.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.6 % | 7.4 % | 2.6 % | -22.5 % | -32.0 % |
ROE | 7.4 % | 11.3 % | 3.3 % | -48.2 % | -45.1 % |
ROI | 6.7 % | 11.1 % | 3.0 % | -33.0 % | -44.2 % |
Economic value added (EVA) | 1.79 | 17.52 | -5.58 | -17.66 | -16.71 |
Solvency | |||||
Equity ratio | 29.7 % | 67.3 % | 41.4 % | 74.2 % | 69.8 % |
Gearing | 16.3 % | 15.5 % | 30.5 % | 0.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 4.4 | 0.4 | 3.9 | 3.3 |
Current ratio | 1.3 | 4.4 | 0.4 | 3.9 | 3.3 |
Cash and cash equivalents | 1.00 | 3.00 | 27.10 | 6.41 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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