TG Transaction Management ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TG Transaction Management ApS
TG Transaction Management ApS (CVR number: 35403280) is a company from KØBENHAVN. The company reported a net sales of 9.4 mDKK in 2023, demonstrating a decline of -85 % compared to the previous year. The operating profit percentage was at 67.3 % (EBIT: 6.3 mDKK), while net earnings were 4851.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59.2 %, which can be considered excellent and Return on Equity (ROE) was 52.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TG Transaction Management ApS's liquidity measured by quick ratio was 2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 12 079.76 | 9 038.81 | 8 255.26 | 62 596.05 | 9 417.06 |
Gross profit | 11 776.45 | 8 465.19 | 7 853.63 | 61 428.60 | 8 971.04 |
EBIT | 9 683.82 | 5 259.91 | 4 674.83 | 55 275.93 | 6 342.08 |
Net earnings | 7 678.93 | 4 428.99 | 3 867.05 | 43 333.40 | 4 851.59 |
Shareholders equity total | 12 287.78 | 16 716.77 | 3 583.83 | -1 082.77 | 3 768.82 |
Balance sheet total (assets) | 14 849.71 | 19 457.40 | 5 453.32 | 14 652.23 | 7 603.18 |
Net debt | - 711.87 | - 549.65 | -1 390.93 | -1 568.60 | -2 404.82 |
Profitability | |||||
EBIT-% | 80.2 % | 58.2 % | 56.6 % | 88.3 % | 67.3 % |
ROA | 94.6 % | 33.2 % | 39.9 % | 524.5 % | 59.2 % |
ROE | 90.9 % | 30.5 % | 38.1 % | 475.2 % | 52.7 % |
ROI | 116.9 % | 39.3 % | 49.0 % | 3101.0 % | 366.8 % |
Economic value added (EVA) | 7 344.98 | 3 520.98 | 2 833.46 | 43 005.04 | 4 961.97 |
Solvency | |||||
Equity ratio | 82.7 % | 85.9 % | 65.7 % | -6.9 % | 49.6 % |
Gearing | |||||
Relative net indebtedness % | 15.3 % | 24.2 % | 5.8 % | 22.6 % | 15.2 % |
Liquidity | |||||
Quick ratio | 5.8 | 7.1 | 2.9 | 0.9 | 2.0 |
Current ratio | 5.8 | 7.1 | 2.9 | 0.9 | 2.0 |
Cash and cash equivalents | 711.87 | 549.65 | 1 390.93 | 1 568.60 | 2 404.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 76.4 | 43.0 | 18.7 | 2.5 | 0.0 |
Net working capital % | 101.7 % | 184.9 % | 43.4 % | -1.7 % | 40.0 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | B | BB |
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