TELETEAMET HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TELETEAMET HOLDING A/S
TELETEAMET HOLDING A/S (CVR number: 33355432) is a company from ODENSE. The company reported a net sales of 4.2 mDKK in 2023, demonstrating a decline of -31.8 % compared to the previous year. The operating profit percentage was at 96.9 % (EBIT: 4.1 mDKK), while net earnings were 4176.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 18.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TELETEAMET HOLDING A/S's liquidity measured by quick ratio was 10.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 807.57 | 3 455.38 | 2 706.02 | 6 194.15 | 4 223.51 |
Gross profit | 2 787.69 | 3 442.63 | 2 693.33 | 6 180.65 | 4 092.13 |
EBIT | 2 787.69 | 3 442.63 | 2 693.33 | 6 180.65 | 4 092.13 |
Net earnings | 2 743.29 | 3 458.87 | 2 769.57 | 6 325.48 | 4 176.62 |
Shareholders equity total | 17 475.59 | 14 934.45 | 16 504.03 | 22 229.51 | 22 406.13 |
Balance sheet total (assets) | 19 396.25 | 15 704.83 | 16 982.95 | 23 710.15 | 23 373.08 |
Net debt | -3 527.46 | -2 186.41 | - 145.05 | -5 729.18 | -6 100.30 |
Profitability | |||||
EBIT-% | 99.3 % | 99.6 % | 99.5 % | 99.8 % | 96.9 % |
ROA | 15.1 % | 19.8 % | 17.2 % | 31.4 % | 17.8 % |
ROE | 16.7 % | 21.3 % | 17.6 % | 32.7 % | 18.7 % |
ROI | 15.3 % | 20.4 % | 17.9 % | 33.0 % | 18.7 % |
Economic value added (EVA) | 3 096.54 | 3 618.95 | 2 708.51 | 5 988.77 | 4 250.12 |
Solvency | |||||
Equity ratio | 90.1 % | 95.1 % | 97.2 % | 93.8 % | 95.9 % |
Gearing | 9.1 % | 0.1 % | 0.1 % | 0.1 % | |
Relative net indebtedness % | -114.1 % | -41.4 % | 11.8 % | -68.9 % | -121.5 % |
Liquidity | |||||
Quick ratio | 3.0 | 4.4 | 14.7 | 7.2 | 10.6 |
Current ratio | 3.0 | 4.4 | 14.7 | 7.2 | 10.6 |
Cash and cash equivalents | 5 123.43 | 2 200.11 | 160.64 | 5 746.57 | 6 100.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 139.0 % | 75.3 % | 243.1 % | 149.2 % | 220.2 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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