Credit rating
Company information
About TC 2045 ApS
TC 2045 ApS (CVR number: 39522543) is a company from BALLERUP. The company recorded a gross profit of -16.1 kDKK in 2023. The operating profit was -18.1 kDKK, while net earnings were -27.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -18.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TC 2045 ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 699.62 | 524.45 | 610.87 | 375.86 | -16.13 |
EBIT | 108.30 | 169.22 | 90.45 | 92.75 | -18.11 |
Net earnings | 69.66 | 113.99 | 64.45 | 79.06 | -27.62 |
Shareholders equity total | 152.02 | 206.01 | 197.46 | 162.12 | 134.50 |
Balance sheet total (assets) | 502.37 | 585.62 | 567.99 | 439.60 | 407.87 |
Net debt | - 139.83 | - 285.10 | - 256.81 | - 192.19 | - 150.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.3 % | 31.1 % | 15.7 % | 18.4 % | -4.1 % |
ROE | 59.4 % | 63.7 % | 31.9 % | 44.0 % | -18.6 % |
ROI | 28.5 % | 38.4 % | 19.0 % | 20.9 % | -4.3 % |
Economic value added (EVA) | 85.85 | 136.04 | 95.40 | 106.81 | -4.31 |
Solvency | |||||
Equity ratio | 30.3 % | 35.2 % | 34.8 % | 36.9 % | 33.0 % |
Gearing | 168.0 % | 130.3 % | 142.3 % | 152.6 % | 191.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.5 | 1.5 | 1.6 | 1.5 |
Current ratio | 1.1 | 1.5 | 1.5 | 1.6 | 1.5 |
Cash and cash equivalents | 395.25 | 553.50 | 537.89 | 439.60 | 407.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | C |
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