TARGET MARKETING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TARGET MARKETING A/S
TARGET MARKETING A/S (CVR number: 19639886) is a company from AALBORG. The company recorded a gross profit of 418.8 kDKK in 2023. The operating profit was -103.8 kDKK, while net earnings were 218 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent and Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TARGET MARKETING A/S's liquidity measured by quick ratio was 3.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 464.89 | 263.71 | 305.51 | 602.06 | 418.83 |
EBIT | 116.07 | -17.57 | 91.62 | 80.90 | - 103.83 |
Net earnings | 103.50 | -18.36 | 234.86 | 207.33 | 218.00 |
Shareholders equity total | 712.75 | 594.39 | 829.25 | 956.58 | 1 056.78 |
Balance sheet total (assets) | 1 160.94 | 1 084.27 | 1 376.09 | 1 528.39 | 1 549.73 |
Net debt | -1 015.77 | - 974.15 | -1 283.79 | -1 452.19 | -1 506.40 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.3 % | -1.2 % | 25.0 % | 19.5 % | 19.1 % |
ROE | 15.0 % | -2.8 % | 33.0 % | 23.2 % | 21.7 % |
ROI | 20.9 % | -2.0 % | 43.2 % | 31.7 % | 29.2 % |
Economic value added (EVA) | 103.98 | 3.19 | 90.03 | 85.56 | -55.00 |
Solvency | |||||
Equity ratio | 61.4 % | 54.8 % | 60.3 % | 62.6 % | 68.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 2.1 | 2.5 | 2.7 | 3.1 |
Current ratio | 2.4 | 2.1 | 2.5 | 2.7 | 3.1 |
Cash and cash equivalents | 1 015.77 | 974.15 | 1 283.79 | 1 452.19 | 1 506.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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