Tungsten Automation Development A/S — Credit Rating and Financial Key Figures

CVR number: 21382086
Lyskær 5, 2730 Herlev
tel: 70331001

Credit rating

Company information

Official name
Tungsten Automation Development A/S
Personnel
12 persons
Established
1999
Company form
Limited company
Industry

About Tungsten Automation Development A/S

Tungsten Automation Development A/S (CVR number: 21382086) is a company from HERLEV. The company recorded a gross profit of 12.9 mDKK in 2024. The operating profit was 529 kDKK, while net earnings were 1362.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 59.3 %, 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. Tungsten Automation Development A/S's liquidity measured by quick ratio was 2.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit14 548.0013 269.0013 274.0014 776.0012 855.44
EBIT3 401.004 452.003 564.002 210.00529.01
Net earnings5 146.004 481.003 828.003 277.001 362.61
Shareholders equity total49 957.0054 439.0058 267.0061 544.0062 907.06
Balance sheet total (assets)60 923.0062 282.0072 574.0078 784.00106 110.55
Net debt4 061.001 719.0011 911.0013 482.0040 799.99
Profitability
EBIT-%
ROA19.0 %10.4 %7.3 %5.6 %2.5 %
ROE10.9 %8.6 %6.8 %5.5 %2.2 %
ROI20.5 %11.1 %7.6 %5.8 %2.6 %
Economic value added (EVA)210.05635.82-44.11-1 813.78-3 375.97
Solvency
Equity ratio82.0 %87.4 %80.3 %78.1 %59.3 %
Gearing13.0 %8.1 %20.8 %22.5 %65.5 %
Relative net indebtedness %
Liquidity
Quick ratio5.67.95.14.62.5
Current ratio5.67.95.14.62.5
Cash and cash equivalents2 433.002 696.00224.00369.00412.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.48%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.3%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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