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 -23.4 kDKK in 2023. The operating profit was -23.4 kDKK, while net earnings were 119.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. 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 167.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-18.16-24.36-29.18-22.62-23.44
EBIT-18.16-24.36-29.18-22.62-23.44
Net earnings-34.2899.39- 114.323.06119.91
Shareholders equity total2 611.642 600.432 373.102 261.772 263.87
Balance sheet total (assets)2 623.332 613.992 386.672 275.332 277.44
Net debt-2 608.03-2 606.17-2 370.89-2 249.13-2 259.84
Profitability
EBIT-%
ROA0.5 %4.2 %3.5 %2.5 %6.0 %
ROE-1.3 %3.8 %-4.6 %0.1 %5.3 %
ROI0.5 %4.2 %3.6 %2.5 %6.0 %
Economic value added (EVA)-19.09-24.30-29.25-22.68-23.63
Solvency
Equity ratio99.6 %99.5 %99.4 %99.4 %99.4 %
Gearing0.0 %0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio224.4192.7175.9167.7167.9
Current ratio224.4192.7175.9167.7167.9
Cash and cash equivalents2 609.092 607.242 371.962 250.192 260.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.95%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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