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TEXBO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TEXBO A/S
TEXBO A/S (CVR number: 34956014) is a company from KØBENHAVN. The company recorded a gross profit of 2818.4 kDKK in 2024. The operating profit was -3951.4 kDKK, while net earnings were 1567.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TEXBO A/S's liquidity measured by quick ratio was 7.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 397.83 | 2 575.25 | 2 806.20 | 2 934.33 | 2 818.44 |
| EBIT | 4 802.21 | 15 881.83 | - 176.70 | 3 104.50 | -3 951.40 |
| Net earnings | 7 467.32 | 15 631.65 | 253.12 | 4 042.87 | 1 567.50 |
| Shareholders equity total | 67 634.37 | 78 266.01 | 76 519.14 | 78 562.01 | 76 129.51 |
| Balance sheet total (assets) | 73 329.07 | 88 208.08 | 85 245.23 | 87 326.29 | 83 341.81 |
| Net debt | -1 879.84 | -2 816.31 | -5 153.14 | -4 517.72 | - 237.24 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 10.9 % | 23.8 % | 0.4 % | 5.6 % | 1.0 % |
| ROE | 10.2 % | 21.4 % | 0.3 % | 5.2 % | 2.0 % |
| ROI | 11.2 % | 24.2 % | 0.4 % | 5.7 % | 1.0 % |
| Economic value added (EVA) | - 201.72 | 8 827.61 | -4 468.02 | -1 717.07 | -7 243.84 |
| Solvency | |||||
| Equity ratio | 92.3 % | 88.7 % | 89.8 % | 90.0 % | 91.3 % |
| Gearing | 0.1 % | 2.3 % | 0.4 % | 0.2 % | 0.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 7.7 | 10.3 | 8.9 | 12.0 | 7.5 |
| Current ratio | 7.5 | 10.2 | 8.9 | 12.0 | 10.9 |
| Cash and cash equivalents | 1 947.87 | 4 580.01 | 5 466.91 | 4 686.58 | 334.18 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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