TM DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TM DANMARK A/S
TM DANMARK A/S (CVR number: 10275148) is a company from KØGE. The company recorded a gross profit of -115.9 kDKK in 2023. The operating profit was -115.9 kDKK, while net earnings were 1547.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.4 %, which can be considered excellent and Return on Equity (ROE) was 56.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TM DANMARK A/S's liquidity measured by quick ratio was 10.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 374.66 | 42.69 | 167.51 | -20.10 | - 115.89 |
EBIT | - 433.36 | -78.27 | 19.87 | -20.39 | - 115.89 |
Net earnings | - 344.34 | 104.01 | 77.67 | -68.26 | 1 547.67 |
Shareholders equity total | 1 893.77 | 1 997.78 | 2 075.45 | 2 007.20 | 3 437.07 |
Balance sheet total (assets) | 8 806.74 | 9 018.84 | 9 076.07 | 8 109.01 | 3 791.74 |
Net debt | 4 505.22 | 4 872.49 | 4 875.45 | 4 209.98 | -2 878.11 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.0 % | 1.8 % | 1.9 % | 1.7 % | 32.4 % |
ROE | -16.7 % | 5.3 % | 3.8 % | -3.3 % | 56.9 % |
ROI | -2.0 % | 1.8 % | 2.1 % | 2.2 % | 39.9 % |
Economic value added (EVA) | - 668.89 | - 276.78 | - 190.91 | - 215.90 | - 193.09 |
Solvency | |||||
Equity ratio | 21.5 % | 22.2 % | 22.9 % | 24.8 % | 90.6 % |
Gearing | 238.1 % | 244.6 % | 235.4 % | 210.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.6 | 0.5 | 1.9 | 10.7 |
Current ratio | 2.7 | 1.6 | 1.5 | 1.9 | 10.7 |
Cash and cash equivalents | 3.54 | 13.95 | 9.34 | 15.97 | 2 878.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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