TSG Nordic A/S — Credit Rating and Financial Key Figures

CVR number: 86139111
Birkerød Kongevej 194 A, 3460 Birkerød
HR.dk@tsgnortheurope.com
tel: 48174596

Company information

Official name
TSG Nordic A/S
Personnel
54 persons
Established
1979
Company form
Limited company
Industry

About TSG Nordic A/S

TSG Nordic A/S (CVR number: 86139111) is a company from RUDERSDAL. The company recorded a gross profit of 45 mDKK in 2023. The operating profit was 8981.1 kDKK, while net earnings were 6469.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was 29.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TSG Nordic A/S's liquidity measured by quick ratio was 1.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit30 783.0022 114.0030 751.0046 282.0044 966.82
EBIT7 978.00-4 157.002 162.0013 960.008 981.12
Net earnings6 267.00-3 852.001 543.0011 372.006 469.76
Shareholders equity total15 936.006 727.008 405.0018 631.0025 093.92
Balance sheet total (assets)61 784.0066 902.0080 252.0067 942.00110 143.45
Net debt-2 637.00-15 159.61
Profitability
EBIT-%
ROA13.3 %-6.5 %2.9 %19.9 %10.3 %
ROE34.0 %-34.0 %20.4 %84.1 %29.6 %
ROI17.5 %-6.5 %2.9 %25.3 %24.2 %
Economic value added (EVA)8 160.87-4 957.781 823.9710 457.116 410.08
Solvency
Equity ratio100.0 %100.0 %100.0 %27.6 %28.3 %
Gearing20.2 %18.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.7
Current ratio1.81.4
Cash and cash equivalents6 400.0019 867.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAAA

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.3%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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