TEMCO HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TEMCO HOLDING A/S
TEMCO HOLDING A/S (CVR number: 33287518) is a company from AARHUS. The company recorded a gross profit of -480 kDKK in 2024. The operating profit was -830 kDKK, while net earnings were -3533.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TEMCO HOLDING A/S's liquidity measured by quick ratio was 5.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 499.74 | - 393.48 | - 405.03 | - 378.76 | - 480.01 |
| EBIT | - 878.46 | - 772.19 | - 783.75 | -1 124.64 | - 830.01 |
| Net earnings | 10 963.98 | 2 835.38 | 245.88 | 8 508.58 | -3 533.62 |
| Shareholders equity total | 75 596.07 | 78 431.45 | 78 677.34 | 87 185.91 | 43 682.29 |
| Balance sheet total (assets) | 87 376.00 | 88 067.80 | 87 910.65 | 99 535.59 | 53 635.06 |
| Net debt | -65 800.22 | -68 759.65 | -68 829.69 | -77 762.13 | -41 494.11 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 14.5 % | 4.3 % | 0.8 % | 12.2 % | 2.8 % |
| ROE | 11.8 % | 3.7 % | 0.3 % | 10.3 % | -5.4 % |
| ROI | 14.6 % | 4.3 % | 0.9 % | 12.3 % | 2.9 % |
| Economic value added (EVA) | -6 192.51 | -4 967.89 | -5 014.31 | -5 261.27 | -5 616.58 |
| Solvency | |||||
| Equity ratio | 86.5 % | 89.1 % | 89.5 % | 87.6 % | 81.4 % |
| Gearing | 14.9 % | 11.7 % | 11.2 % | 13.4 % | 21.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.9 | 8.6 | 8.9 | 8.1 | 5.4 |
| Current ratio | 6.9 | 8.6 | 8.9 | 8.1 | 5.4 |
| Cash and cash equivalents | 77 078.57 | 77 951.98 | 77 618.66 | 89 465.33 | 50 762.18 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | BBB |
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