TAGE MEEDOM K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TAGE MEEDOM K/S
TAGE MEEDOM K/S (CVR number: 35028374) is a company from HERNING. The company recorded a gross profit of -446.5 kDKK in 2024. The operating profit was -446.5 kDKK, while net earnings were -457.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.6 %, which can be considered poor and Return on Equity (ROE) was -6.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TAGE MEEDOM K/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 261.97 | 1 063.20 | -21.25 | 314.06 | - 446.48 |
EBIT | 3 250.12 | 1 048.61 | -32.25 | 314.06 | - 446.48 |
Net earnings | 2 810.50 | 679.21 | - 275.51 | 202.66 | - 457.77 |
Shareholders equity total | - 887.49 | - 252.16 | -1 309.80 | -1 357.84 | -1 992.54 |
Balance sheet total (assets) | 9 079.86 | 6 762.97 | 4 757.94 | 8 379.21 | 6 696.50 |
Net debt | 2 165.05 | -3 070.56 | -1 406.44 | -2 451.88 | 7 448.29 |
Profitability | |||||
EBIT-% | |||||
ROA | 34.9 % | 12.4 % | 0.0 % | 4.0 % | -4.6 % |
ROE | 39.7 % | 8.6 % | -4.8 % | 3.1 % | -6.1 % |
ROI | 212.9 % | 96.9 % | -9.9 % | ||
Economic value added (EVA) | 3 430.86 | 1 093.20 | 134.72 | 450.55 | - 255.04 |
Solvency | |||||
Equity ratio | -8.9 % | -3.6 % | -21.6 % | -13.9 % | -22.9 % |
Gearing | -244.0 % | -427.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.5 | 0.4 | 6.0 | 0.7 |
Current ratio | 0.8 | 0.9 | 0.7 | 6.1 | 0.7 |
Cash and cash equivalents | 3 070.56 | 1 406.44 | 2 451.88 | 1 064.86 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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