TC 2044 ApS — Credit Rating and Financial Key Figures

CVR number: 39522535
Moldevej 27, 7100 Vejle
yousef75@live.dk
tel: 26228095

Credit rating

Company information

Official name
TC 2044 ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About TC 2044 ApS

TC 2044 ApS (CVR number: 39522535) is a company from VEJLE. The company recorded a gross profit of 445.2 kDKK in 2023. The operating profit was 21.2 kDKK, while net earnings were 16.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 23.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.4 %, 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. TC 2044 ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit251.03455.86445.24
EBIT60.36-10.6921.22
Net earnings44.35-21.5416.87
Shareholders equity total15.0084.3462.8179.67
Balance sheet total (assets)15.00164.19160.94149.12
Net debt21.6013.155.94
Profitability
EBIT-%
ROA67.4 %-6.6 %13.7 %
ROE89.3 %-29.3 %23.7 %
ROI86.3 %-9.7 %21.6 %
Economic value added (EVA)-0.0047.07-13.8919.24
Solvency
Equity ratio100.0 %51.4 %39.0 %53.4 %
Gearing48.1 %51.8 %27.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.80.80.9
Current ratio1.80.80.9
Cash and cash equivalents18.9319.4015.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBBBBBBB

Variable visualization

ROA:13.7%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.4%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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