TARGUS DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 24218457
Havneholmen 29, 1561 København V
tel: 33934456

Company information

Official name
TARGUS DENMARK ApS
Personnel
2 persons
Established
1999
Company form
Private limited company
Industry

About TARGUS DENMARK ApS

TARGUS DENMARK ApS (CVR number: 24218457) is a company from KØBENHAVN. The company reported a net sales of 4 mDKK in 2023, demonstrating a growth of 28.8 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 0.2 mDKK), while net earnings were 151.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21 %, which can be considered excellent and Return on Equity (ROE) was 38.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.5 %, 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. TARGUS DENMARK ApS's liquidity measured by quick ratio was 2.1 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 631.762 567.261 695.183 089.083 979.91
Gross profit1 467.561 554.201 039.981 734.502 652.74
EBIT126.99128.2883.38147.63190.29
Net earnings95.0793.9461.80113.02151.44
Shareholders equity total2 850.952 944.89206.69319.71471.15
Balance sheet total (assets)3 488.253 746.03759.03900.22915.05
Net debt- 308.72- 485.65- 365.83- 483.93-12.99
Profitability
EBIT-%4.8 %5.0 %4.9 %4.8 %4.8 %
ROA3.7 %3.5 %3.7 %17.8 %21.0 %
ROE3.4 %3.2 %3.9 %42.9 %38.3 %
ROI4.5 %4.4 %5.0 %42.7 %47.0 %
Economic value added (EVA)-33.07-29.17-59.74-12.91160.84
Solvency
Equity ratio81.7 %78.6 %27.2 %35.5 %51.5 %
Gearing61.3 %0.4 %
Relative net indebtedness %12.5 %12.3 %3.5 %3.1 %10.8 %
Liquidity
Quick ratio5.54.81.41.62.1
Current ratio5.54.81.41.62.1
Cash and cash equivalents308.72485.65492.51485.1312.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %108.3 %115.8 %13.3 %10.9 %11.8 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:21.0%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.5%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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