TG HOLDING 2011 ApS — Credit Rating and Financial Key Figures

CVR number: 34610851
Ordrupvej 63 A, 2920 Charlottenlund

Credit rating

Company information

Official name
TG HOLDING 2011 ApS
Established
2012
Company form
Private limited company
Industry

About TG HOLDING 2011 ApS

TG HOLDING 2011 ApS (CVR number: 34610851) is a company from GENTOFTE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -5.5 kDKK, while net earnings were 53.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good but Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TG HOLDING 2011 ApS's liquidity measured by quick ratio was 14.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit8.36-4.38-4.68
EBIT8.36-4.38-4.68-0.70-5.50
Net earnings7.7919.16- 722.5917.9553.59
Shareholders equity total3 707.663 671.432 892.332 853.082 906.66
Balance sheet total (assets)3 790.663 834.593 008.823 011.333 111.73
Net debt- 122.21- 120.23- 119.35- 147.05- 154.08
Profitability
EBIT-%
ROA45.0 %0.9 %23.1 %1.2 %10.6 %
ROE0.2 %0.5 %-22.0 %0.6 %1.9 %
ROI0.2 %0.9 %-22.0 %1.3 %11.3 %
Economic value added (EVA)- 118.81- 136.8142.24- 130.04- 130.08
Solvency
Equity ratio95.7 %91.8 %92.5 %94.7 %93.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio34.217.724.217.814.8
Current ratio34.217.724.217.814.8
Cash and cash equivalents122.21120.23119.35147.05154.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.4%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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