TC HOLDING 1. 9 2016 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TC HOLDING 1. 9 2016 ApS
TC HOLDING 1. 9 2016 ApS (CVR number: 29150524) is a company from ODENSE. The company reported a net sales of -0 mDKK in 2023, demonstrating a decline of -104.9 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0 mDKK), while net earnings were 8.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 43.2 %, 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. TC HOLDING 1. 9 2016 ApS's liquidity measured by quick ratio was 1.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -13.00 | -36.00 | 5.00 | 250.00 | -12.28 |
Gross profit | -24.00 | -50.00 | -11.00 | 234.00 | -40.76 |
EBIT | -24.00 | -50.00 | -11.00 | 234.00 | -40.76 |
Net earnings | 116.00 | -61.00 | 146.00 | -1.00 | 8.26 |
Shareholders equity total | 1 251.00 | 1 134.00 | 1 223.00 | 1 165.00 | 1 114.19 |
Balance sheet total (assets) | 2 090.00 | 2 055.00 | 2 249.00 | 2 261.00 | 2 579.61 |
Net debt | - 828.00 | - 704.00 | - 774.00 | - 440.00 | - 861.30 |
Profitability | |||||
EBIT-% | -220.0 % | 93.6 % | |||
ROA | 7.8 % | 3.1 % | 14.1 % | 14.4 % | 4.2 % |
ROE | 9.5 % | -5.1 % | 12.4 % | -0.1 % | 0.7 % |
ROI | 7.8 % | 3.2 % | 14.2 % | 14.5 % | 4.3 % |
Economic value added (EVA) | 2.69 | -16.23 | 25.90 | 272.54 | 12.00 |
Solvency | |||||
Equity ratio | 59.9 % | 55.2 % | 54.4 % | 51.5 % | 43.2 % |
Gearing | 66.6 % | 79.9 % | 81.2 % | 92.1 % | 129.6 % |
Relative net indebtedness % | 6323.1 % | 1913.9 % | -14820.0 % | -166.8 % | 6840.1 % |
Liquidity | |||||
Quick ratio | 2.2 | 2.0 | 2.0 | 1.6 | 1.6 |
Current ratio | 2.2 | 2.0 | 2.0 | 1.6 | 1.6 |
Cash and cash equivalents | 1 661.00 | 1 610.00 | 1 767.00 | 1 513.00 | 2 305.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 3669.2 % | 1558.3 % | -13720.0 % | -314.4 % | 6073.5 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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