TGP ApS — Credit Rating and Financial Key Figures

CVR number: 39421216
Brovejen 411, 5500 Middelfart
tel: 91560009

Company information

Official name
TGP ApS
Established
2018
Company form
Private limited company
Industry

About TGP ApS

TGP ApS (CVR number: 39421216) is a company from MIDDELFART. The company recorded a gross profit of 913.9 kDKK in 2024. The operating profit was 1205.8 kDKK, while net earnings were 488.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 36.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TGP ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit802.66696.29815.22836.22913.86
EBIT1 871.40891.06- 920.472.371 205.77
Net earnings1 132.38447.19-1 037.67- 472.53488.82
Shareholders equity total2 155.722 602.901 565.231 092.711 581.53
Balance sheet total (assets)19 552.3120 037.5518 510.0018 178.9118 267.95
Net debt15 922.7115 896.6515 952.0615 552.3515 792.67
Profitability
EBIT-%
ROA10.2 %4.5 %-4.8 %0.0 %6.6 %
ROE99.0 %18.8 %-49.8 %-35.6 %36.6 %
ROI10.5 %4.6 %-4.9 %0.0 %6.9 %
Economic value added (EVA)626.90- 262.26-1 740.29- 899.37278.19
Solvency
Equity ratio11.0 %13.0 %8.5 %6.0 %8.7 %
Gearing765.0 %632.4 %1036.9 %1472.6 %1018.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio0.10.10.10.10.1
Cash and cash equivalents568.64564.13277.63538.31308.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:6.62%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.66%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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