TSS Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 6 831.00 | 17 144.00 | |
Gross profit | -1 201.00 | 5 320.00 | 15 337.00 |
EBIT | -1 201.00 | - 634.00 | 877.00 |
Net earnings | 85 163.00 | 58 652.00 | 93 355.00 |
Shareholders equity total | 250 349.00 | 350 374.00 | 443 729.00 |
Balance sheet total (assets) | 253 175.00 | 395 975.00 | 471 577.00 |
Net debt | -60 535.00 | - 123 397.00 | |
Profitability | |||
EBIT-% | -9.3 % | 5.1 % | |
ROA | 33.8 % | 18.1 % | 21.7 % |
ROE | 34.0 % | 19.5 % | 23.5 % |
ROI | 34.2 % | 19.5 % | 23.5 % |
Economic value added (EVA) | -1 201.00 | -3 246.70 | - 736.02 |
Solvency | |||
Equity ratio | 98.9 % | 83.6 % | 90.8 % |
Gearing | 1.0 % | 0.6 % | |
Relative net indebtedness % | -269.9 % | -572.8 % | |
Liquidity | |||
Quick ratio | 20.6 | 6.1 | 20.3 |
Current ratio | 20.6 | 6.1 | 20.3 |
Cash and cash equivalents | 64 035.00 | 126 046.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 1683.1 % | 1182.0 % | |
Credit risk | |||
Credit rating | A | AA | AAA |
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