TEGNESTUEN MEJERIET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TEGNESTUEN MEJERIET A/S
TEGNESTUEN MEJERIET A/S (CVR number: 24208257) is a company from KOLDING. The company reported a net sales of 22.7 mDKK in 2023, demonstrating a growth of 14.5 % compared to the previous year. The operating profit percentage was at 11.6 % (EBIT: 2.6 mDKK), while net earnings were 2068.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.1 %, which can be considered excellent and Return on Equity (ROE) was 72.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.1 %, 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. TEGNESTUEN MEJERIET A/S's liquidity measured by quick ratio was 1.9 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 | 19 090.00 | 25 324.00 | 22 332.00 | 19 803.00 | 22 681.49 |
Gross profit | 4 934.00 | 7 286.00 | 6 329.00 | 4 839.00 | 6 176.66 |
EBIT | 4 934.00 | 7 286.00 | 6 329.00 | 893.00 | 2 637.20 |
Net earnings | 933.00 | 2 465.00 | 1 712.00 | 726.00 | 2 068.88 |
Shareholders equity total | 2 383.00 | 3 915.00 | 3 162.00 | 2 173.00 | 3 516.70 |
Balance sheet total (assets) | 8 716.00 | 10 614.00 | 8 473.00 | 6 794.00 | 8 350.51 |
Net debt | - 614.00 | -3 350.67 | |||
Profitability | |||||
EBIT-% | 25.8 % | 28.8 % | 28.3 % | 4.5 % | 11.6 % |
ROA | 61.8 % | 75.4 % | 66.3 % | 12.7 % | 35.1 % |
ROE | 35.6 % | 78.3 % | 48.4 % | 27.2 % | 72.7 % |
ROI | 61.8 % | 75.4 % | 66.3 % | 18.2 % | 92.9 % |
Economic value added (EVA) | 4 790.64 | 7 166.25 | 6 132.27 | 531.54 | 1 971.91 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 32.0 % | 42.1 % |
Gearing | |||||
Relative net indebtedness % | 20.2 % | 6.4 % | |||
Liquidity | |||||
Quick ratio | 1.4 | 1.9 | |||
Current ratio | 1.4 | 1.9 | |||
Cash and cash equivalents | 614.00 | 3 350.67 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 80.7 | 49.0 | |||
Net working capital % | 9.9 % | 16.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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