TML Safety Engineering A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TML Safety Engineering A/S
TML Safety Engineering A/S (CVR number: 40316086) is a company from MIDDELFART. The company recorded a gross profit of 20.8 mDKK in 2024. The operating profit was 5815.4 kDKK, while net earnings were 4696.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 87.4 %, which can be considered excellent and Return on Equity (ROE) was 129.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.1 %, 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. TML Safety Engineering A/S's liquidity measured by quick ratio was 2.1 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 | 7 471.60 | 10 554.69 | 14 514.34 | 13 071.67 | 20 835.68 |
EBIT | 3 330.38 | 3 906.03 | 4 801.73 | 1 811.29 | 5 815.43 |
Net earnings | 2 511.79 | 3 015.53 | 3 686.06 | 1 381.58 | 4 696.80 |
Shareholders equity total | 3 611.79 | 3 615.53 | 4 286.06 | 1 981.58 | 5 296.80 |
Balance sheet total (assets) | 8 845.19 | 7 104.64 | 8 024.88 | 4 704.42 | 9 114.26 |
Net debt | -1 863.16 | - 916.99 | 314.65 | - 375.83 | - 481.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 36.2 % | 49.0 % | 63.5 % | 28.5 % | 87.4 % |
ROE | 46.3 % | 83.4 % | 93.3 % | 44.1 % | 129.1 % |
ROI | 48.2 % | 77.6 % | 102.2 % | 47.1 % | 152.1 % |
Economic value added (EVA) | 2 440.41 | 3 047.86 | 3 602.19 | 1 203.06 | 4 450.10 |
Solvency | |||||
Equity ratio | 40.8 % | 50.9 % | 53.4 % | 42.1 % | 58.1 % |
Gearing | 51.4 % | 0.1 % | 14.7 % | 3.7 % | 0.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.6 | 1.8 | 1.2 | 2.1 |
Current ratio | 1.3 | 1.6 | 1.8 | 1.2 | 2.1 |
Cash and cash equivalents | 3 717.91 | 922.01 | 315.86 | 449.08 | 499.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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