T. E. AUTOMOBILER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T. E. AUTOMOBILER ApS
T. E. AUTOMOBILER ApS (CVR number: 36075376) is a company from AARHUS. The company recorded a gross profit of 712.6 kDKK in 2024. The operating profit was -145.1 kDKK, while net earnings were -242.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -8.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.8 %, 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. T. E. AUTOMOBILER ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 913.52 | 55.34 | 586.32 | 752.96 | 712.61 |
EBIT | 137.84 | -1 454.01 | -84.03 | 1 367.62 | - 145.11 |
Net earnings | 68.95 | -1 309.45 | - 118.50 | 126.27 | - 242.74 |
Shareholders equity total | 4 541.05 | 3 175.10 | 2 999.40 | 3 125.68 | 2 882.94 |
Balance sheet total (assets) | 4 850.79 | 3 565.19 | 3 090.05 | 4 747.73 | 4 016.53 |
Net debt | -1 919.95 | 241.21 | -91.73 | 1 275.08 | 887.05 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.4 % | -33.2 % | -0.4 % | 64.1 % | -3.2 % |
ROE | 1.5 % | -33.9 % | -3.8 % | 4.1 % | -8.1 % |
ROI | 2.8 % | -34.8 % | -0.4 % | 8.3 % | -3.4 % |
Economic value added (EVA) | - 111.43 | -1 466.06 | - 260.81 | 919.69 | - 291.28 |
Solvency | |||||
Equity ratio | 93.6 % | 89.1 % | 97.1 % | 65.8 % | 71.8 % |
Gearing | 8.2 % | 42.0 % | 31.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.9 | 3.8 | 23.8 | 0.5 | 0.7 |
Current ratio | 17.0 | 9.7 | 47.9 | 3.0 | 3.5 |
Cash and cash equivalents | 1 919.95 | 19.31 | 91.73 | 38.10 | 15.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | BB |
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