TCE Invest Hirtshals ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TCE Invest Hirtshals ApS
TCE Invest Hirtshals ApS (CVR number: 37926833) is a company from HJØRRING. The company recorded a gross profit of -10.5 kDKK in 2024. The operating profit was -10.5 kDKK, while net earnings were -1329.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -195.7 %, which can be considered poor and Return on Equity (ROE) was -199 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.5 %, 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. TCE Invest Hirtshals ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.85 | -6.60 | -6.85 | -7.63 | -10.47 |
EBIT | -5.85 | -6.60 | -6.85 | -7.63 | -10.47 |
Net earnings | 163.86 | - 542.39 | -1 318.96 | - 997.48 | -1 329.82 |
Shareholders equity total | 4 361.64 | 3 706.25 | 2 387.28 | 1 333.02 | 3.19 |
Balance sheet total (assets) | 4 708.11 | 4 151.13 | 2 851.92 | 1 349.86 | 11.19 |
Net debt | -0.13 | -0.13 | -0.13 | -10.94 | -0.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.8 % | -11.9 % | -37.2 % | -46.3 % | -195.7 % |
ROE | 3.8 % | -13.4 % | -43.3 % | -53.6 % | -199.0 % |
ROI | 4.1 % | -13.1 % | -42.7 % | -52.1 % | -197.8 % |
Economic value added (EVA) | - 222.35 | - 225.77 | - 191.58 | - 126.03 | -75.69 |
Solvency | |||||
Equity ratio | 92.6 % | 89.3 % | 83.7 % | 98.8 % | 28.5 % |
Gearing | 0.8 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.1 | 1.0 | 1.7 | 1.4 |
Current ratio | 1.4 | 1.1 | 1.0 | 1.7 | 1.4 |
Cash and cash equivalents | 0.13 | 0.13 | 0.13 | 21.53 | 0.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BB | BB |
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