TOYOTA LOGISTICS SERVICES DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TOYOTA LOGISTICS SERVICES DENMARK ApS
TOYOTA LOGISTICS SERVICES DENMARK ApS (CVR number: 26282055) is a company from MIDDELFART. The company reported a net sales of 38.8 mDKK in 2023, demonstrating a growth of 7.2 % compared to the previous year. The operating profit percentage was at 7.3 % (EBIT: 2.8 mDKK), while net earnings were 2243.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 36.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TOYOTA LOGISTICS SERVICES DENMARK ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 31.81 | 32.34 | 32.11 | 36.17 | 38.76 |
Gross profit | 20.58 | 21.19 | 23.30 | 26.02 | 28.71 |
EBIT | 2.39 | 2.45 | 2.44 | 2.66 | 2.84 |
Net earnings | 1.83 | 1.86 | 1.85 | 2.10 | 2.24 |
Shareholders equity total | 5.74 | 5.77 | 5.76 | 6.01 | 6.15 |
Balance sheet total (assets) | 12.96 | 14.38 | 11.14 | 14.25 | 13.32 |
Net debt | 2.23 | 2.63 | 1.53 | 3.34 | 2.86 |
Profitability | |||||
EBIT-% | 7.5 % | 7.6 % | 7.6 % | 7.3 % | 7.3 % |
ROA | 19.1 % | 17.9 % | 19.1 % | 21.1 % | 21.2 % |
ROE | 32.2 % | 32.4 % | 32.1 % | 35.6 % | 36.9 % |
ROI | 27.7 % | 24.8 % | 26.3 % | 30.1 % | 31.0 % |
Economic value added (EVA) | 1.58 | 1.63 | 1.62 | 1.82 | 1.92 |
Solvency | |||||
Equity ratio | 44.3 % | 40.1 % | 51.7 % | 42.1 % | 46.2 % |
Gearing | 41.9 % | 45.6 % | 38.2 % | 55.8 % | 46.5 % |
Relative net indebtedness % | 21.5 % | 25.9 % | 14.0 % | 22.0 % | 18.0 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.7 | 1.6 | 1.2 | 1.4 |
Current ratio | 1.7 | 1.7 | 1.6 | 1.2 | 1.4 |
Cash and cash equivalents | 0.17 | 0.01 | 0.67 | 0.01 | 0.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 12.6 % | 14.2 % | 9.2 % | 5.4 % | 7.8 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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