TE MONTAGE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TE MONTAGE A/S
TE MONTAGE A/S (CVR number: 40619410) is a company from SVENDBORG. The company recorded a gross profit of 5401.5 kDKK in 2024. The operating profit was -150.4 kDKK, while net earnings were -329.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -5.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TE MONTAGE A/S's liquidity measured by quick ratio was 0.6 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 | 7 520.02 | 8 609.27 | 6 975.08 | 3 537.57 | 5 401.53 |
EBIT | -2 042.75 | -1 152.34 | - 246.68 | -1 135.38 | - 150.35 |
Net earnings | -1 679.79 | - 950.45 | - 317.35 | -1 038.39 | - 329.07 |
Shareholders equity total | 2 279.66 | 1 329.21 | 1 011.86 | -26.53 | - 355.59 |
Balance sheet total (assets) | 9 191.86 | 6 532.88 | 6 292.15 | 5 139.43 | 6 654.84 |
Net debt | 4 124.07 | 2 513.24 | 3 576.69 | 3 636.14 | 5 404.17 |
Profitability | |||||
EBIT-% | |||||
ROA | -22.7 % | -14.7 % | -3.8 % | -19.8 % | -2.5 % |
ROE | -53.8 % | -52.7 % | -27.1 % | -33.8 % | -5.6 % |
ROI | -31.4 % | -21.0 % | -5.3 % | -25.9 % | -3.1 % |
Economic value added (EVA) | -1 917.06 | -1 184.78 | - 412.16 | -1 128.97 | - 312.46 |
Solvency | |||||
Equity ratio | 24.8 % | 20.3 % | 16.1 % | -0.5 % | -5.1 % |
Gearing | 180.9 % | 214.4 % | 353.5 % | -13706.8 % | -1519.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.6 | 0.6 | 0.5 | 0.6 |
Current ratio | 0.8 | 0.6 | 0.6 | 0.5 | 0.7 |
Cash and cash equivalents | 336.90 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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