TÆKKERSMINDE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TÆKKERSMINDE ApS
TÆKKERSMINDE ApS (CVR number: 27117694K) is a company from AARHUS. The company reported a net sales of 222.4 mDKK in 2019, demonstrating a growth of 59.9 % compared to the previous year. The operating profit percentage was at 136 % (EBIT: 302.4 mDKK), while net earnings were 202.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 52.4 %, 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. TÆKKERSMINDE ApS's liquidity measured by quick ratio was 1.2 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 financials2017 | 2018 | 2019 | |
---|---|---|---|
Volume | |||
Net sales | 112.96 | 139.05 | 222.37 |
Gross profit | 629.91 | 333.75 | 339.38 |
EBIT | 605.44 | 305.88 | 302.42 |
Net earnings | 454.83 | 310.44 | 202.57 |
Shareholders equity total | 1 770.93 | 2 066.38 | 2 251.95 |
Balance sheet total (assets) | 3 336.63 | 3 934.20 | 4 293.67 |
Net debt | 559.06 | 1 570.28 | 1 526.90 |
Profitability | |||
EBIT-% | 536.0 % | 220.0 % | 136.0 % |
ROA | 18.6 % | 10.6 % | 7.4 % |
ROE | 25.7 % | 16.2 % | 9.4 % |
ROI | 19.7 % | 11.0 % | 7.7 % |
Economic value added (EVA) | 497.77 | 174.93 | 106.20 |
Solvency | |||
Equity ratio | 53.1 % | 52.5 % | 52.4 % |
Gearing | 69.1 % | 77.1 % | 76.2 % |
Relative net indebtedness % | 675.8 % | 1218.1 % | 749.8 % |
Liquidity | |||
Quick ratio | 2.2 | 0.8 | 1.2 |
Current ratio | 2.4 | 1.2 | 1.5 |
Cash and cash equivalents | 664.16 | 23.30 | 189.58 |
Capital use efficiency | |||
Trade debtors turnover (days) | 32.2 | ||
Net working capital % | 379.0 % | 31.8 % | 50.0 % |
Credit risk | |||
Credit rating | AAA | AAA | AAA |
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