Texet Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 37764728
Kometvej 8 C, 8700 Horsens
ordre@texet.dk
tel: 86572800
www.texet.dk

Company information

Official name
Texet Denmark A/S
Personnel
7 persons
Established
1972
Company form
Limited company
Industry

About Texet Denmark A/S

Texet Denmark A/S (CVR number: 37764728) is a company from HORSENS. The company recorded a gross profit of 4880.5 kDKK in 2024. The operating profit was 471.8 kDKK, while net earnings were 436.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.8 %, 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. Texet Denmark A/S's liquidity measured by quick ratio was 2.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 169.26- 207.985 520.905 808.304 880.54
EBIT-6 338.59-7 023.091 388.801 470.37471.77
Net earnings-5 093.13-5 628.441 334.321 228.80436.53
Shareholders equity total8 377.412 748.984 083.305 312.115 748.64
Balance sheet total (assets)21 882.027 965.218 244.009 206.349 152.03
Net debt5 484.05286.91-1 439.28- 640.10- 358.09
Profitability
EBIT-%
ROA-26.9 %-47.1 %17.3 %18.5 %7.2 %
ROE-46.6 %-101.2 %39.1 %26.2 %7.9 %
ROI-33.3 %-69.5 %32.1 %30.3 %10.9 %
Economic value added (EVA)-6 030.13-6 283.421 154.67902.9363.61
Solvency
Equity ratio38.3 %34.5 %49.5 %57.7 %62.8 %
Gearing87.7 %43.5 %16.6 %10.2 %8.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.41.82.22.5
Current ratio1.21.41.82.22.5
Cash and cash equivalents1 865.19909.272 115.411 179.89857.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAAA

Variable visualization

ROA:7.19%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.8%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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