TE CE A/S — Credit Rating and Financial Key Figures

CVR number: 14339191
Trenkærvang 4, 3460 Birkerød
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Credit rating

Company information

Official name
TE CE A/S
Established
1990
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings99.39- 114.323.06119.9114.12
Shareholders equity total2 600.432 373.102 261.772 263.872 155.99
Balance sheet total (assets)2 613.992 386.672 275.332 277.442 169.56
Net debt-2 606.17-2 370.89-2 249.13-2 259.84-2 114.82
Profitability
EBIT-%
ROA4.2 %3.5 %2.5 %6.0 %5.3 %
ROE3.8 %-4.6 %0.1 %5.3 %0.6 %
ROI4.2 %3.6 %2.5 %6.0 %5.4 %
Economic value added (EVA)- 155.46- 160.32- 141.92- 136.76- 138.62
Solvency
Equity ratio99.5 %99.4 %99.4 %99.4 %99.4 %
Gearing0.0 %0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio192.7175.9167.7167.9159.9
Current ratio192.7175.9167.7167.9159.9
Cash and cash equivalents2 607.242 371.962 250.192 260.902 115.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:5.33%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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