TKS Handel ApS — Credit Rating and Financial Key Figures

CVR number: 37844365
Brovadvej 19, Erritsø 7000 Fredericia

Credit rating

Company information

Official name
TKS Handel ApS
Established
2016
Domicile
Erritsø
Company form
Private limited company
Industry

About TKS Handel ApS

TKS Handel ApS (CVR number: 37844365) is a company from FREDERICIA. The company recorded a gross profit of 70.2 kDKK in 2023. The operating profit was 70.2 kDKK, while net earnings were 254.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good and Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 83.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TKS Handel ApS's liquidity measured by quick ratio was 6.1 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 profit558.20286.30201.96101.4470.21
EBIT558.20286.30201.96101.4470.21
Net earnings491.58219.82444.02- 202.96254.88
Shareholders equity total1 862.022 081.842 525.862 322.902 577.79
Balance sheet total (assets)2 141.782 455.682 988.092 796.163 080.21
Net debt-2 033.10-2 127.04-2 665.70-2 280.66-2 663.82
Profitability
EBIT-%
ROA34.7 %12.5 %21.3 %3.7 %11.6 %
ROE30.4 %11.1 %19.3 %-8.4 %10.4 %
ROI37.2 %13.4 %22.3 %3.8 %11.8 %
Economic value added (EVA)442.38237.35172.44102.3375.67
Solvency
Equity ratio86.9 %84.8 %84.5 %83.1 %83.7 %
Gearing5.8 %12.1 %12.7 %19.7 %16.1 %
Relative net indebtedness %
Liquidity
Quick ratio7.76.66.55.96.1
Current ratio7.76.66.55.96.1
Cash and cash equivalents2 141.782 378.572 987.692 738.913 079.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.7%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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