TRANEMO WORKWEAR DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 26292654
Havevold 5-6, 9800 Hjørring
Free credit report Annual report

Company information

Official name
TRANEMO WORKWEAR DANMARK A/S
Personnel
11 persons
Established
2001
Company form
Limited company
Industry

About TRANEMO WORKWEAR DANMARK A/S

TRANEMO WORKWEAR DANMARK A/S (CVR number: 26292654) is a company from HJØRRING. The company recorded a gross profit of 10.1 mDKK in 2024. The operating profit was 3890.9 kDKK, while net earnings were 3123.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.3 %, 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. TRANEMO WORKWEAR DANMARK A/S's liquidity measured by quick ratio was 2.6 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 profit8 079.8110 260.2812 110.2910 561.7610 143.96
EBIT2 919.594 272.685 496.324 683.243 890.87
Net earnings2 268.663 304.644 346.973 734.543 123.60
Shareholders equity total12 791.5714 596.2017 443.1819 677.7221 301.32
Balance sheet total (assets)19 322.4922 095.6931 200.7627 065.8431 169.16
Net debt-6 824.18-6 522.22-10 619.09-11 751.63-12 880.05
Profitability
EBIT-%
ROA16.5 %21.4 %21.4 %16.9 %14.0 %
ROE18.3 %24.1 %27.1 %20.1 %15.2 %
ROI24.3 %32.3 %35.5 %26.4 %19.9 %
Economic value added (EVA)1 659.132 685.653 544.922 759.662 034.85
Solvency
Equity ratio66.2 %66.1 %55.9 %72.7 %68.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.32.52.03.12.6
Current ratio3.13.22.44.03.2
Cash and cash equivalents6 824.186 522.2210 619.0911 751.6312 880.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.3%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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