TITGEMEYER SKANDINAVIEN A/S — Credit Rating and Financial Key Figures

CVR number: 87248216
Lunikvej 32 B, 2670 Greve
info@titgemeyer.dk
tel: 43690219

Credit rating

Company information

Official name
TITGEMEYER SKANDINAVIEN A/S
Personnel
10 persons
Established
1979
Company form
Limited company
Industry

About TITGEMEYER SKANDINAVIEN A/S

TITGEMEYER SKANDINAVIEN A/S (CVR number: 87248216) is a company from GREVE. The company recorded a gross profit of 7768 kDKK in 2024. The operating profit was -845.4 kDKK, while net earnings were -1027 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -49.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21 %, 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. TITGEMEYER SKANDINAVIEN A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit5 539.927 046.317 688.477 821.157 767.98
EBIT171.03448.97475.11- 637.86- 845.44
Net earnings258.81693.3624.68- 680.00-1 026.96
Shareholders equity total2 510.413 203.773 478.072 592.671 565.71
Balance sheet total (assets)7 871.778 470.059 255.8210 173.127 462.89
Net debt296.561 153.001 469.351 968.742 886.19
Profitability
EBIT-%
ROA6.5 %8.8 %6.5 %-2.6 %-5.2 %
ROE10.9 %24.3 %0.7 %-22.4 %-49.4 %
ROI9.1 %12.2 %9.2 %-4.0 %-7.8 %
Economic value added (EVA)-65.69386.0245.15-1 064.21-1 200.20
Solvency
Equity ratio31.9 %37.8 %37.6 %25.5 %21.0 %
Gearing102.2 %81.5 %76.6 %154.3 %230.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.10.90.9
Current ratio2.62.92.31.72.3
Cash and cash equivalents2 268.571 457.681 194.342 030.62718.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-5.22%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.0%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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