TSS Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 42500232
Lautrupvang 12, 2750 Ballerup

Credit rating

Company information

Official name
TSS Denmark ApS
Personnel
10 persons
Established
2021
Company form
Private limited company
Industry

About TSS Denmark ApS

TSS Denmark ApS (CVR number: 42500232) is a company from BALLERUP. The company reported a net sales of 17.1 mDKK in 2023, demonstrating a growth of 151 % compared to the previous year. The operating profit percentage was at 5.1 % (EBIT: 0.9 mDKK), while net earnings were 93.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.7 %, which can be considered excellent and Return on Equity (ROE) was 23.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TSS Denmark ApS's liquidity measured by quick ratio was 20.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales6 831.0017 144.00
Gross profit-1 201.005 320.0015 337.00
EBIT-1 201.00- 634.00877.00
Net earnings85 163.0058 652.0093 355.00
Shareholders equity total250 349.00350 374.00443 729.00
Balance sheet total (assets)253 175.00395 975.00471 577.00
Net debt-60 535.00- 123 397.00
Profitability
EBIT-%-9.3 %5.1 %
ROA33.8 %18.1 %21.7 %
ROE34.0 %19.5 %23.5 %
ROI34.2 %19.5 %23.5 %
Economic value added (EVA)-1 201.00-3 246.70- 736.02
Solvency
Equity ratio98.9 %83.6 %90.8 %
Gearing1.0 %0.6 %
Relative net indebtedness %-269.9 %-572.8 %
Liquidity
Quick ratio20.66.120.3
Current ratio20.66.120.3
Cash and cash equivalents64 035.00126 046.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1683.1 %1182.0 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:21.7%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.8%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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