TEMPO MARINE SERVICE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TEMPO MARINE SERVICE ApS
TEMPO MARINE SERVICE ApS (CVR number: 32143164) is a company from ISHØJ. The company reported a net sales of 6.4 mDKK in 2023, demonstrating a decline of -16.3 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 0.1 mDKK), while net earnings were 72.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good and Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 54 %, 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. TEMPO MARINE SERVICE ApS's liquidity measured by quick ratio was 1.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 7 274.16 | 7 325.23 | 7 399.13 | 7 687.72 | 6 433.00 |
Gross profit | 3 221.76 | 3 160.90 | 3 369.84 | 3 406.32 | 2 747.79 |
EBIT | 92.28 | 225.60 | 112.69 | 173.32 | 131.02 |
Net earnings | 37.21 | 121.21 | 69.88 | 103.92 | 72.23 |
Shareholders equity total | 497.86 | 619.06 | 688.94 | 792.86 | 865.10 |
Balance sheet total (assets) | 1 505.37 | 1 707.59 | 1 646.81 | 1 670.39 | 1 602.25 |
Net debt | 4.09 | 3.81 | 84.19 | 88.81 | 17.67 |
Profitability | |||||
EBIT-% | 1.3 % | 3.1 % | 1.5 % | 2.3 % | 2.0 % |
ROA | 6.1 % | 12.0 % | 6.7 % | 10.4 % | 8.0 % |
ROE | 7.8 % | 21.7 % | 10.7 % | 14.0 % | 8.7 % |
ROI | 19.0 % | 34.3 % | 16.1 % | 20.9 % | 14.8 % |
Economic value added (EVA) | 41.03 | 142.36 | 54.59 | 95.52 | 58.80 |
Solvency | |||||
Equity ratio | 33.1 % | 36.3 % | 41.8 % | 47.5 % | 54.0 % |
Gearing | 1.0 % | 0.9 % | 12.5 % | 11.4 % | 2.3 % |
Relative net indebtedness % | 13.8 % | 14.8 % | 12.9 % | 11.4 % | 11.4 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 1.0 | 1.2 | 1.3 |
Current ratio | 1.2 | 1.3 | 1.4 | 1.6 | 1.8 |
Cash and cash equivalents | 1.06 | 1.83 | 1.83 | 1.83 | 2.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.1 | 46.8 | 43.0 | 45.7 | 49.7 |
Net working capital % | 3.3 % | 5.0 % | 5.5 % | 6.9 % | 8.7 % |
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
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