TF CARS ApS — Credit Rating and Financial Key Figures

CVR number: 33873840
Følfodvej 1, 9310 Vodskov
info@tfcars.dk
tel: 40488822

Credit rating

Company information

Official name
TF CARS ApS
Personnel
3 persons
Established
2011
Company form
Private limited company
Industry

About TF CARS ApS

TF CARS ApS (CVR number: 33873840) is a company from AALBORG. The company recorded a gross profit of 26 mDKK in 2024. The operating profit was 22.3 mDKK, while net earnings were 16.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 68.1 %, which can be considered excellent and Return on Equity (ROE) was 122.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.3 %, 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. TF CARS ApS'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 630.5315 770.4918 955.7320 327.6726 025.00
EBIT7 711.9013 646.6116 409.1212 641.9222 291.67
Net earnings5 913.6510 574.6012 676.359 921.4716 826.69
Shareholders equity total7 187.3612 697.8315 374.1810 295.6517 122.35
Balance sheet total (assets)12 439.1322 709.0123 082.4229 846.1936 192.23
Net debt647.164 190.57- 754.546 612.37-5 149.27
Profitability
EBIT-%
ROA72.3 %79.4 %71.9 %48.5 %68.1 %
ROE81.8 %106.4 %90.3 %77.3 %122.7 %
ROI88.1 %96.6 %88.0 %61.9 %98.9 %
Economic value added (EVA)5 654.1810 130.8311 867.598 916.7116 102.45
Solvency
Equity ratio57.8 %55.9 %66.6 %34.5 %47.3 %
Gearing43.6 %46.3 %20.3 %111.9 %33.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.21.81.01.9
Current ratio2.42.02.81.61.9
Cash and cash equivalents2 485.381 693.383 880.614 910.9510 805.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:68.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.3%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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