TG Vesterbrogade 107 A/S — Credit Rating and Financial Key Figures

CVR number: 38708848
Lønholtvej 3, Lønholt 3480 Fredensborg
lbc@carstenviggo.dk
tel: 22994814

Credit rating

Company information

Official name
TG Vesterbrogade 107 A/S
Established
2017
Domicile
Lønholt
Company form
Limited company
Industry

About TG Vesterbrogade 107 A/S

TG Vesterbrogade 107 A/S (CVR number: 38708848) is a company from FREDENSBORG. The company reported a net sales of 7.5 mDKK in 2023, demonstrating a growth of 137.4 % compared to the previous year. The operating profit percentage was at 81 % (EBIT: 6.1 mDKK), while net earnings were 3770 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TG Vesterbrogade 107 A/S'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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 431.772 580.552 494.213 156.287 492.90
Gross profit3 878.254 591.591 806.161 672.996 094.11
EBIT3 878.254 571.451 757.831 624.656 065.91
Net earnings2 322.432 913.75596.14343.333 769.96
Shareholders equity total13 546.0916 459.8517 055.9917 399.3221 169.28
Balance sheet total (assets)66 252.9167 525.3671 959.4973 426.0671 203.37
Net debt44 328.9345 693.3847 509.9043 416.6039 320.79
Profitability
EBIT-%113.0 %177.1 %70.5 %51.5 %81.0 %
ROA5.9 %6.8 %2.5 %2.2 %8.4 %
ROE18.8 %19.4 %3.6 %2.0 %19.5 %
ROI6.3 %7.1 %2.6 %2.3 %8.9 %
Economic value added (EVA)153.571 211.55-1 196.88-1 161.351 990.37
Solvency
Equity ratio20.4 %24.4 %23.7 %24.6 %30.7 %
Gearing346.0 %279.7 %295.2 %274.7 %196.2 %
Relative net indebtedness %1391.4 %1840.1 %1951.2 %1525.6 %577.4 %
Liquidity
Quick ratio0.20.00.20.50.7
Current ratio0.20.00.20.40.4
Cash and cash equivalents2 543.08345.662 834.464 374.052 203.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-345.6 %-475.8 %-582.3 %-209.3 %-41.7 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:8.39%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.7%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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