TE CE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TE CE A/S
TE CE A/S (CVR number: 14339191) is a company from RUDERSDAL. The company recorded a gross profit of -24.8 kDKK in 2024. The operating profit was -24.8 kDKK, while net earnings were 14.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TE CE A/S's liquidity measured by quick ratio was 159.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -24.36 | -29.18 | -22.62 | -23.44 | -24.81 |
EBIT | -24.36 | -29.18 | -22.62 | -23.44 | -24.81 |
Net earnings | 99.39 | - 114.32 | 3.06 | 119.91 | 14.12 |
Shareholders equity total | 2 600.43 | 2 373.10 | 2 261.77 | 2 263.87 | 2 155.99 |
Balance sheet total (assets) | 2 613.99 | 2 386.67 | 2 275.33 | 2 277.44 | 2 169.56 |
Net debt | -2 606.17 | -2 370.89 | -2 249.13 | -2 259.84 | -2 114.82 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.2 % | 3.5 % | 2.5 % | 6.0 % | 5.3 % |
ROE | 3.8 % | -4.6 % | 0.1 % | 5.3 % | 0.6 % |
ROI | 4.2 % | 3.6 % | 2.5 % | 6.0 % | 5.4 % |
Economic value added (EVA) | - 155.46 | - 160.32 | - 141.92 | - 136.76 | - 138.62 |
Solvency | |||||
Equity ratio | 99.5 % | 99.4 % | 99.4 % | 99.4 % | 99.4 % |
Gearing | 0.0 % | 0.0 % | 0.0 % | 0.0 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 192.7 | 175.9 | 167.7 | 167.9 | 159.9 |
Current ratio | 192.7 | 175.9 | 167.7 | 167.9 | 159.9 |
Cash and cash equivalents | 2 607.24 | 2 371.96 | 2 250.19 | 2 260.90 | 2 115.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BBB |
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