TC Invest & udlejning A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TC Invest & udlejning A/S
TC Invest & udlejning A/S (CVR number: 29010560) is a company from ODENSE. The company recorded a gross profit of 91.8 kDKK in 2024. The operating profit was -691.7 kDKK, while net earnings were -1045 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -7.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.4 %, 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. TC Invest & udlejning A/S's liquidity measured by quick ratio was 6.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 40.91 | - 276.00 | 45.03 | -82.15 | 91.83 |
EBIT | -2 309.55 | - 304.00 | - 215.42 | - 128.49 | - 691.66 |
Net earnings | 4 250.30 | 344.00 | 1 332.56 | 734.07 | -1 045.05 |
Shareholders equity total | 16 029.54 | 15 174.00 | 15 506.15 | 15 740.22 | 13 695.18 |
Balance sheet total (assets) | 20 989.92 | 18 211.00 | 21 142.53 | 22 074.41 | 19 723.80 |
Net debt | -2 670.27 | 2 760.00 | 5 471.71 | 6 115.55 | 4 538.28 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.1 % | 2.7 % | 7.5 % | 6.6 % | -3.2 % |
ROE | 29.8 % | 2.2 % | 8.7 % | 4.7 % | -7.1 % |
ROI | 22.5 % | 2.7 % | 7.6 % | 6.6 % | -3.2 % |
Economic value added (EVA) | -2 792.04 | - 654.67 | - 935.35 | - 883.19 | -1 645.37 |
Solvency | |||||
Equity ratio | 76.4 % | 83.3 % | 73.3 % | 71.3 % | 69.4 % |
Gearing | 32.3 % | 18.9 % | 35.3 % | 38.9 % | 42.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 2.0 | 0.8 | 1.3 | 6.6 |
Current ratio | 2.9 | 2.0 | 0.8 | 1.3 | 6.6 |
Cash and cash equivalents | 7 849.40 | 106.00 | 3.10 | 1.68 | 1 304.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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