TMJ FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TMJ FINANS A/S
TMJ FINANS A/S (CVR number: 25021800) is a company from DRAGØR. The company reported a net sales of 1.3 mDKK in 2024, demonstrating a decline of -0.2 % compared to the previous year. The operating profit percentage was at 95.8 % (EBIT: 1.2 mDKK), while net earnings were 2012 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TMJ FINANS A/S's liquidity measured by quick ratio was 14.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 936.71 | 1 170.15 | 1 165.90 | 1 267.66 | 1 265.37 |
Gross profit | 722.11 | 953.60 | 936.41 | 1 055.83 | 1 086.18 |
EBIT | 365.60 | 3 957.22 | 67.39 | 2 885.28 | 1 212.73 |
Net earnings | 1 159.88 | 4 059.58 | -1 393.29 | 3 263.46 | 2 011.98 |
Shareholders equity total | 18 451.47 | 22 411.05 | 20 917.76 | 24 081.22 | 25 993.20 |
Balance sheet total (assets) | 22 626.05 | 26 925.99 | 24 808.61 | 28 385.94 | 30 442.79 |
Net debt | -8 973.59 | -10 347.03 | -9 049.61 | -10 987.48 | -14 377.60 |
Profitability | |||||
EBIT-% | 39.0 % | 338.2 % | 5.8 % | 227.6 % | 95.8 % |
ROA | 6.9 % | 21.1 % | 0.9 % | 15.7 % | 8.7 % |
ROE | 6.5 % | 19.9 % | -6.4 % | 14.5 % | 8.0 % |
ROI | 7.2 % | 22.2 % | 1.0 % | 16.5 % | 9.1 % |
Economic value added (EVA) | - 525.40 | 2 628.47 | - 535.76 | 1 663.43 | 300.44 |
Solvency | |||||
Equity ratio | 81.5 % | 83.2 % | 84.3 % | 84.8 % | 85.4 % |
Gearing | 6.5 % | 3.8 % | 2.4 % | ||
Relative net indebtedness % | -829.2 % | -788.8 % | -670.2 % | -766.9 % | -1023.0 % |
Liquidity | |||||
Quick ratio | 7.6 | 9.8 | 6.8 | 8.7 | 14.6 |
Current ratio | 7.6 | 9.8 | 6.8 | 8.7 | 14.6 |
Cash and cash equivalents | 10 173.40 | 11 197.59 | 9 549.63 | 10 987.48 | 14 377.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 76.0 % | 70.5 % | 52.8 % | 52.8 % | 85.6 % |
Credit risk | |||||
Credit rating | AA | AA | A | AA | AA |
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