TARKETT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TARKETT A/S
TARKETT A/S (CVR number: 79203718) is a company from Høje-Taastrup. The company reported a net sales of 32.4 mDKK in 2023, demonstrating a growth of 4.2 % compared to the previous year. The operating profit percentage was at 12.5 % (EBIT: 4 mDKK), while net earnings were 3061.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.1 %, which can be considered excellent and Return on Equity (ROE) was 37.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.1 %, 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. TARKETT A/S's liquidity measured by quick ratio was 2.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 33.93 | 31.87 | 32.01 | 31.12 | 32.44 |
Gross profit | 33.93 | 31.87 | 32.01 | 31.12 | 32.44 |
EBIT | 6.13 | 5.86 | 5.69 | 5.50 | 4.04 |
Net earnings | 4.68 | 4.44 | 4.33 | 4.21 | 3.06 |
Shareholders equity total | 8.34 | 12.78 | 8.12 | 8.33 | 7.89 |
Balance sheet total (assets) | 15.82 | 22.63 | 13.65 | 13.51 | 14.32 |
Net debt | 0.34 | 0.50 | 0.41 | 0.39 | 0.52 |
Profitability | |||||
EBIT-% | 18.1 % | 18.4 % | 17.8 % | 17.7 % | 12.5 % |
ROA | 42.5 % | 30.5 % | 31.4 % | 40.5 % | 29.1 % |
ROE | 58.5 % | 42.1 % | 41.5 % | 51.2 % | 37.7 % |
ROI | 70.1 % | 48.5 % | 48.7 % | 59.4 % | 42.8 % |
Economic value added (EVA) | 4.32 | 4.04 | 3.75 | 3.86 | 2.72 |
Solvency | |||||
Equity ratio | 52.7 % | 56.5 % | 59.4 % | 61.7 % | 55.1 % |
Gearing | 4.1 % | 3.9 % | 5.0 % | 4.6 % | 6.6 % |
Relative net indebtedness % | 22.0 % | 30.9 % | 17.3 % | 16.6 % | 19.8 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.3 | 2.3 | 2.6 | 2.2 |
Current ratio | 2.0 | 2.3 | 2.3 | 2.6 | 2.2 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 19.4 % | 34.8 % | 20.7 % | 21.8 % | 19.8 % |
Credit risk | |||||
Credit rating | A | AA | A | A | A |
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