TE Connectivity (DENMARK) ApS — Credit Rating and Financial Key Figures

CVR number: 21489999
Sletvej 2 E, 8310 Tranbjerg J

Credit rating

Company information

Official name
TE Connectivity (DENMARK) ApS
Personnel
7 persons
Established
1999
Company form
Private limited company
Industry
  • Expand more icon465000

About TE Connectivity (DENMARK) ApS

TE Connectivity (DENMARK) ApS (CVR number: 21489999) is a company from AARHUS. The company reported a net sales of 13 mDKK in 2024, demonstrating a growth of 8 % compared to the previous year. The operating profit percentage was at 14 % (EBIT: 1.8 mDKK), while net earnings were 642.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 13.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TE Connectivity (DENMARK) ApS's liquidity measured by quick ratio was 12.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales19 212.319 792.3013 740.8912 031.9512 998.19
Gross profit18 336.418 928.3512 319.3911 790.2711 623.84
EBIT1 173.111 336.483 647.731 608.321 825.43
Net earnings-3 413.41-2 732.102 070.371 088.54642.72
Shareholders equity total-5 599.0413 168.8515 239.2316 327.776 970.48
Balance sheet total (assets)53 893.9557 555.4060 061.2460 794.0652 188.34
Net debt56 250.3941 696.0641 638.5641 660.6741 799.07
Profitability
EBIT-%6.1 %13.6 %26.5 %13.4 %14.0 %
ROA2.0 %2.4 %6.3 %4.7 %6.1 %
ROE-6.1 %-8.1 %14.6 %6.9 %5.5 %
ROI2.1 %2.5 %6.5 %4.8 %6.3 %
Economic value added (EVA)1 095.171 770.263 138.431 246.92879.96
Solvency
Equity ratio-9.4 %22.9 %25.4 %26.9 %13.4 %
Gearing-1004.6 %316.6 %273.2 %255.2 %599.7 %
Relative net indebtedness %309.7 %453.3 %326.2 %369.6 %347.9 %
Liquidity
Quick ratio15.723.518.920.412.3
Current ratio15.723.518.920.412.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %244.4 %523.9 %351.9 %410.9 %306.9 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:6.06%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.4%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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