TARM ELVÆRK NET A/S — Credit Rating and Financial Key Figures

CVR number: 25804562
Skolegade 23, 6880 Tarm
tel: 97371087

Company information

Official name
TARM ELVÆRK NET A/S
Established
2000
Company form
Limited company
Industry

About TARM ELVÆRK NET A/S

TARM ELVÆRK NET A/S (CVR number: 25804562) is a company from RINGKØBING-SKJERN. The company reported a net sales of 7.1 mDKK in 2024, demonstrating a growth of 22.1 % compared to the previous year. The operating profit percentage was at 16.4 % (EBIT: 1.2 mDKK), while net earnings were 779.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 53.6 %, 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. TARM ELVÆRK NET A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales4 209.135 747.005 810.967 095.98
Gross profit519.891 003.842 159.472 093.422 525.36
EBIT- 633.94- 205.83947.19820.371 163.73
Net earnings- 530.36- 299.75530.50264.64779.62
Shareholders equity total9 093.458 793.719 324.2015 588.8416 368.46
Balance sheet total (assets)25 457.1824 682.7929 263.0229 298.1430 564.71
Net debt5 605.615 132.654 192.40-2 350.40-2 056.18
Profitability
EBIT-%-4.9 %16.5 %14.1 %16.4 %
ROA-2.6 %-0.8 %3.6 %2.8 %4.0 %
ROE-5.1 %-3.4 %5.9 %2.1 %4.9 %
ROI-3.5 %-1.1 %4.2 %4.0 %7.3 %
Economic value added (EVA)-1 423.79-1 168.75-93.80- 726.49-33.51
Solvency
Equity ratio36.2 %35.6 %31.9 %53.2 %53.6 %
Gearing94.9 %70.2 %73.1 %1.8 %3.2 %
Relative net indebtedness %346.0 %128.9 %190.7 %163.6 %
Liquidity
Quick ratio0.50.44.11.01.0
Current ratio0.50.44.11.01.0
Cash and cash equivalents3 025.291 036.412 623.552 625.592 585.76
Capital use efficiency
Trade debtors turnover (days)192.1123.0136.0120.6
Net working capital %-153.4 %81.5 %-0.8 %0.3 %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:3.97%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member
Board member

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