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 -20.1 kDKK in 2022. The operating profit was -20.4 kDKK, while net earnings were -68.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -3.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.8 %, 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. TM DANMARK A/S's liquidity measured by quick ratio was 1.9 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 576.76 | - 374.66 | 42.69 | 167.51 | -20.10 |
EBIT | 436.85 | - 433.36 | -78.27 | 19.87 | -20.39 |
Net earnings | 280.80 | - 344.34 | 104.01 | 77.67 | -68.26 |
Shareholders equity total | 2 238.11 | 1 893.77 | 1 997.78 | 2 075.45 | 2 007.20 |
Balance sheet total (assets) | 8 682.03 | 8 806.74 | 9 018.84 | 9 076.07 | 8 109.01 |
Net debt | 4 007.44 | 4 505.22 | 4 872.49 | 4 875.45 | 4 209.98 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.0 % | -2.0 % | 1.8 % | 1.9 % | 1.7 % |
ROE | 13.4 % | -16.7 % | 5.3 % | 3.8 % | -3.3 % |
ROI | 6.0 % | -2.0 % | 1.8 % | 2.1 % | 2.2 % |
Economic value added (EVA) | 90.43 | - 668.89 | - 276.78 | - 190.91 | - 215.90 |
Solvency | |||||
Equity ratio | 25.8 % | 21.5 % | 22.2 % | 22.9 % | 24.8 % |
Gearing | 179.6 % | 238.1 % | 244.6 % | 235.4 % | 210.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 0.8 | 0.6 | 0.5 | 1.9 |
Current ratio | 6.2 | 2.7 | 1.6 | 1.5 | 1.9 |
Cash and cash equivalents | 11.88 | 3.54 | 13.95 | 9.34 | 15.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
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