TBWA Copenhagen A/S — Credit Rating and Financial Key Figures

CVR number: 21977519
Store Kongensgade 59 E, 1264 København K
tel: 39278899
TBWA.dk

Credit rating

Company information

Official name
TBWA Copenhagen A/S
Personnel
22 persons
Established
1961
Company form
Limited company
Industry

About TBWA Copenhagen A/S

TBWA Copenhagen A/S (CVR number: 21977519) is a company from KØBENHAVN. The company recorded a gross profit of 16.4 mDKK in 2023. The operating profit was 3421.8 kDKK, while net earnings were 2410.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33 %, which can be considered excellent and Return on Equity (ROE) was 59.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.4 %, 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. TBWA Copenhagen A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit9 044.676 752.3610 272.8813 346.4716 429.79
EBIT1 352.77- 370.56- 496.421 469.103 421.76
Net earnings1 081.83- 340.06- 511.82952.372 410.18
Shareholders equity total5 618.784 878.722 366.903 319.274 756.45
Balance sheet total (assets)9 574.4810 867.367 801.758 461.1810 997.32
Net debt-4 786.48-5 709.28-2 520.65-3 273.34-6 122.59
Profitability
EBIT-%
ROA12.3 %-3.6 %-5.1 %16.0 %33.0 %
ROE21.3 %-6.5 %-14.1 %33.5 %59.7 %
ROI25.8 %-6.5 %-11.4 %37.1 %66.0 %
Economic value added (EVA)896.20- 584.89- 712.381 025.222 494.22
Solvency
Equity ratio58.7 %44.9 %30.8 %39.4 %43.4 %
Gearing0.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.91.51.72.0
Current ratio2.51.91.41.72.0
Cash and cash equivalents4 786.485 717.732 520.653 273.346 122.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:33.0%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.4%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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