TEXTPRINT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TEXTPRINT A/S
TEXTPRINT A/S (CVR number: 20871105) is a company from FREDENSBORG. The company recorded a gross profit of -2.9 kDKK in 2023. The operating profit was -18.7 kDKK, while net earnings were -23.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TEXTPRINT A/S's liquidity measured by quick ratio was 3.2 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 | 934.51 | 768.84 | 734.05 | ||
Gross profit | 194.73 | 166.85 | 85.87 | 26.77 | -2.87 |
EBIT | 54.84 | 46.06 | 30.20 | -21.87 | -18.70 |
Net earnings | 49.23 | 40.15 | 19.88 | -27.88 | -23.95 |
Shareholders equity total | 648.65 | 578.20 | 519.88 | 492.00 | 468.05 |
Balance sheet total (assets) | 717.43 | 699.80 | 576.57 | 606.21 | 557.99 |
Net debt | - 222.66 | - 276.18 | - 231.44 | - 201.92 | - 179.23 |
Profitability | |||||
EBIT-% | 5.9 % | 6.0 % | 4.1 % | ||
ROA | 7.1 % | 6.7 % | 4.7 % | -3.7 % | -3.2 % |
ROE | 7.3 % | 6.5 % | 3.6 % | -5.5 % | -5.0 % |
ROI | 8.0 % | 7.7 % | 5.5 % | -4.3 % | -3.9 % |
Economic value added (EVA) | 35.84 | 24.79 | 9.40 | -36.36 | -33.27 |
Solvency | |||||
Equity ratio | 90.4 % | 82.6 % | 90.2 % | 81.2 % | 83.9 % |
Gearing | 0.4 % | 0.5 % | |||
Relative net indebtedness % | -16.8 % | -20.5 % | -23.8 % | ||
Liquidity | |||||
Quick ratio | 6.3 | 3.3 | 5.2 | 2.9 | 3.2 |
Current ratio | 10.4 | 5.8 | 10.2 | 5.3 | 6.2 |
Cash and cash equivalents | 225.41 | 278.91 | 231.44 | 201.92 | 179.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 81.0 | 60.5 | 30.8 | ||
Net working capital % | 69.4 % | 75.2 % | 70.8 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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