TESLA MOTORS DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TESLA MOTORS DENMARK ApS
TESLA MOTORS DENMARK ApS (CVR number: 32787347) is a company from KØGE. The company reported a net sales of 5332.5 mDKK in 2024, demonstrating a decline of -33.9 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 80 mDKK), while net earnings were 61.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 47.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TESLA MOTORS DENMARK ApS'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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 909.06 | 1 530.66 | 1 588.63 | 8 072.12 | 5 332.48 |
Gross profit | 84.33 | 93.70 | 123.10 | 271.61 | 259.38 |
EBIT | 28.64 | 22.96 | 23.83 | 121.08 | 79.99 |
Net earnings | 20.30 | 17.49 | 18.87 | 94.44 | 61.53 |
Shareholders equity total | 93.16 | 110.66 | 129.52 | 98.96 | 160.49 |
Balance sheet total (assets) | 972.31 | 416.95 | 341.54 | 1 196.86 | 683.24 |
Net debt | 558.82 | 12.61 | |||
Profitability | |||||
EBIT-% | 1.5 % | 1.5 % | 1.5 % | 1.5 % | 1.5 % |
ROA | 3.8 % | 3.3 % | 6.3 % | 15.7 % | 8.5 % |
ROE | 24.5 % | 17.2 % | 15.7 % | 82.7 % | 47.4 % |
ROI | 3.8 % | 3.3 % | 6.3 % | 24.1 % | 19.0 % |
Economic value added (EVA) | 24.97 | 18.28 | 18.27 | 88.18 | 29.34 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 8.4 % | 24.1 % |
Gearing | 564.7 % | 7.9 % | |||
Relative net indebtedness % | 13.6 % | 9.8 % | |||
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | |||
Current ratio | 1.1 | 1.2 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 15.5 | 5.8 | |||
Net working capital % | 0.8 % | 1.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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