T&W HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About T&W HOLDING A/S
T&W HOLDING A/S (CVR number: 26204674) is a company from ALLERØD. The company recorded a gross profit of 98 kDKK in 2023. The operating profit was -3835 kDKK, while net earnings were 106.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. T&W HOLDING A/S's liquidity measured by quick ratio was 2.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 410.00 | -6 195.00 | -16 429.00 | -23 631.00 | 98.00 |
EBIT | -27 888.00 | -25 770.00 | -36 355.00 | -27 151.00 | -3 835.00 |
Net earnings | 246 915.00 | 204 049.00 | 907 519.00 | 428 776.00 | 106 562.00 |
Shareholders equity total | 4 159 396.00 | 4 363 445.00 | 5 271 072.00 | 5 700 986.00 | 5 814 919.00 |
Balance sheet total (assets) | 6 048 121.00 | 6 043 956.00 | 7 095 579.00 | 7 284 327.00 | 7 630 616.00 |
Net debt | - 195 258.00 | 75 403.00 | 164 404.00 | 672 244.00 | 1 038 572.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.6 % | 4.9 % | 16.6 % | 12.1 % | 2.7 % |
ROE | 5.9 % | 4.8 % | 18.8 % | 7.8 % | 1.9 % |
ROI | 5.7 % | 4.9 % | 16.9 % | 12.5 % | 2.8 % |
Economic value added (EVA) | -23 264.25 | - 119 072.78 | - 161 724.23 | - 187 784.22 | - 222 372.75 |
Solvency | |||||
Equity ratio | 68.8 % | 72.2 % | 74.3 % | 78.3 % | 76.2 % |
Gearing | 43.5 % | 36.3 % | 30.7 % | 23.4 % | 28.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 2.5 | 2.4 | 2.6 | 2.6 |
Current ratio | 2.5 | 2.5 | 2.4 | 2.6 | 2.6 |
Cash and cash equivalents | 2 003 358.00 | 1 510 481.00 | 1 452 738.00 | 663 938.00 | 642 996.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
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