TOTAX - PLASTIC A/S — Credit Rating and Financial Key Figures

CVR number: 50681610
Jernbanegade 11, 6862 Tistrup
tel: 45650701
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Company information

Official name
TOTAX - PLASTIC A/S
Established
1974
Company form
Limited company
Industry

About TOTAX - PLASTIC A/S

TOTAX - PLASTIC A/S (CVR number: 50681610) is a company from VARDE. The company recorded a gross profit of 0 kDKK in 2022. The operating profit was -29.6 kDKK, while net earnings were 182 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TOTAX - PLASTIC A/S's liquidity measured by quick ratio was 3.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-20.60
EBIT-20.60-20.95-25.944.05-29.64
Net earnings192.56213.09369.50199.23181.96
Shareholders equity total5 932.266 145.356 514.856 714.076 896.03
Balance sheet total (assets)5 987.266 215.816 611.786 739.076 921.03
Net debt- 132.39- 116.48-89.47-61.80-31.87
Profitability
EBIT-%
ROA3.3 %3.5 %3.4 %3.9 %3.4 %
ROE3.3 %3.5 %5.8 %3.0 %2.7 %
ROI3.3 %3.5 %3.4 %3.9 %3.4 %
Economic value added (EVA)- 205.62- 312.39- 320.59- 317.61- 357.39
Solvency
Equity ratio99.1 %98.9 %98.5 %99.6 %99.6 %
Gearing0.3 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.92.96.33.1
Current ratio2.51.92.96.33.1
Cash and cash equivalents132.39131.94131.4061.8031.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:3.42%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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