TARGET MARKETING A/S — Credit Rating and Financial Key Figures

CVR number: 19639886
Hellevangen 26, 9210 Aalborg SØ
tel: 98162600

Credit rating

Company information

Official name
TARGET MARKETING A/S
Personnel
1 person
Established
1996
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit464.89263.71305.51602.06418.83
EBIT116.07-17.5791.6280.90- 103.83
Net earnings103.50-18.36234.86207.33218.00
Shareholders equity total712.75594.39829.25956.581 056.78
Balance sheet total (assets)1 160.941 084.271 376.091 528.391 549.73
Net debt-1 015.77- 974.15-1 283.79-1 452.19-1 506.40
Profitability
EBIT-%
ROA12.3 %-1.2 %25.0 %19.5 %19.1 %
ROE15.0 %-2.8 %33.0 %23.2 %21.7 %
ROI20.9 %-2.0 %43.2 %31.7 %29.2 %
Economic value added (EVA)103.983.1990.0385.56-55.00
Solvency
Equity ratio61.4 %54.8 %60.3 %62.6 %68.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.42.12.52.73.1
Current ratio2.42.12.52.73.1
Cash and cash equivalents1 015.77974.151 283.791 452.191 506.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:19.1%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.2%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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