T & E Wellness ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T & E Wellness ApS
T & E Wellness ApS (CVR number: 37635030) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -114.1 kDKK, while net earnings were -88.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -25.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.5 %, 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. T & E Wellness ApS's liquidity measured by quick ratio was 1.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 857.60 | ||||
EBIT | 186.09 | 346.70 | 553.16 | 177.39 | - 114.09 |
Net earnings | 186.09 | 299.85 | 207.58 | -15.61 | -88.81 |
Shareholders equity total | 94.56 | 394.41 | 404.33 | 388.72 | 299.91 |
Balance sheet total (assets) | 1 341.43 | 1 507.77 | 1 767.20 | 1 546.60 | 1 223.91 |
Net debt | - 867.21 | -1 185.62 | -1 099.14 | -1 127.73 | - 794.35 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.2 % | 24.3 % | 17.1 % | 0.0 % | -4.3 % |
ROE | 33.7 % | 122.6 % | 52.0 % | -3.9 % | -25.8 % |
ROI | 393.6 % | 141.8 % | 70.3 % | 0.1 % | -17.2 % |
Economic value added (EVA) | 213.61 | 342.85 | 459.55 | 229.90 | -81.19 |
Solvency | |||||
Equity ratio | 7.0 % | 26.2 % | 22.9 % | 25.1 % | 24.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.2 | 1.0 | 1.2 | 1.1 |
Current ratio | 0.9 | 1.3 | 1.0 | 1.2 | 1.1 |
Cash and cash equivalents | 867.21 | 1 185.62 | 1 099.14 | 1 127.73 | 794.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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