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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 -55.7 kDKK in 2024. The operating profit was -55.7 kDKK, while net earnings were -1035.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was -37.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.9 %, 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 31.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 42.69 | 167.51 | -20.10 | - 115.89 | -55.65 |
| EBIT | -78.27 | 19.87 | -20.39 | - 115.89 | -55.65 |
| Net earnings | 104.01 | 77.67 | -68.26 | 1 547.67 | -1 035.42 |
| Shareholders equity total | 1 997.78 | 2 075.45 | 2 007.20 | 3 437.07 | 2 098.45 |
| Balance sheet total (assets) | 9 018.84 | 9 076.07 | 8 109.01 | 3 791.74 | 2 165.84 |
| Net debt | 4 872.49 | 4 875.45 | 4 209.98 | -2 878.11 | -1 316.24 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.8 % | 1.9 % | 1.7 % | 32.4 % | 2.6 % |
| ROE | 5.3 % | 3.8 % | -3.3 % | 56.9 % | -37.4 % |
| ROI | 1.8 % | 2.1 % | 2.2 % | 39.9 % | 2.8 % |
| Economic value added (EVA) | - 371.10 | - 330.31 | - 373.16 | - 406.94 | - 228.37 |
| Solvency | |||||
| Equity ratio | 22.2 % | 22.9 % | 24.8 % | 90.6 % | 96.9 % |
| Gearing | 244.6 % | 235.4 % | 210.5 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.5 | 1.9 | 10.7 | 31.9 |
| Current ratio | 1.6 | 1.5 | 1.9 | 10.7 | 31.9 |
| Cash and cash equivalents | 13.95 | 9.34 | 15.97 | 2 878.11 | 1 316.24 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BBB | A |
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