TRANSPORT VOORUIT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TRANSPORT VOORUIT A/S
TRANSPORT VOORUIT A/S (CVR number: 16258296) is a company from AABENRAA. The company recorded a gross profit of -29.2 kDKK in 2023. The operating profit was -210 kDKK, while net earnings were -81.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TRANSPORT VOORUIT A/S's liquidity measured by quick ratio was 10.4 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 | - 548.52 | - 639.10 | - 316.76 | - 220.44 | -29.18 |
EBIT | -2 000.94 | - 737.55 | - 517.09 | - 438.72 | - 209.96 |
Net earnings | -1 056.98 | - 403.72 | - 391.36 | - 257.20 | -81.79 |
Shareholders equity total | 6 283.09 | 5 879.37 | 5 488.01 | 5 230.81 | 5 149.02 |
Balance sheet total (assets) | 6 492.37 | 6 076.28 | 5 608.05 | 5 279.51 | 5 695.30 |
Net debt | - 163.40 | - 193.62 | -85.08 | - 282.22 | - 164.86 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.3 % | -8.4 % | -7.1 % | -6.4 % | -1.4 % |
ROE | -9.3 % | -6.6 % | -6.9 % | -4.8 % | -1.6 % |
ROI | -4.8 % | -8.5 % | -7.2 % | -6.4 % | -1.5 % |
Economic value added (EVA) | -2 377.46 | - 856.37 | - 748.88 | - 580.69 | - 430.49 |
Solvency | |||||
Equity ratio | 96.8 % | 96.8 % | 97.9 % | 99.1 % | 90.4 % |
Gearing | 1.0 % | 1.7 % | 0.6 % | 0.1 % | 2.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 30.9 | 30.8 | 46.6 | 108.4 | 10.4 |
Current ratio | 30.9 | 30.8 | 46.6 | 108.4 | 10.4 |
Cash and cash equivalents | 223.56 | 294.46 | 117.36 | 286.32 | 294.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | B | BB |
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