TKH Airport Solutions A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TKH Airport Solutions A/S
TKH Airport Solutions A/S (CVR number: 10665884) is a company from GULDBORGSUND. The company recorded a gross profit of 6919.4 kDKK in 2024. The operating profit was -3777 kDKK, while net earnings were -10.3 mDKK. 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 -18.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.9 %, 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. TKH Airport Solutions A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 94 312.50 | ||||
Gross profit | 11 195.76 | -8 198.18 | -7 423.42 | -6 622.53 | 6 919.43 |
EBIT | 6 509.36 | -14 147.96 | -12 797.93 | -18 661.48 | -3 776.95 |
Net earnings | 4 135.02 | -16 080.97 | -7 935.12 | -17 398.19 | -10 306.87 |
Shareholders equity total | 29 849.06 | 13 768.08 | 5 834.57 | -11 562.02 | 18 099.47 |
Balance sheet total (assets) | 51 617.26 | 50 122.63 | 69 061.24 | 91 916.86 | 78 969.10 |
Net debt | 10 160.97 | 21 052.84 | 55 678.53 | 92 822.15 | 54 425.15 |
Profitability | |||||
EBIT-% | 6.9 % | ||||
ROA | 11.8 % | -27.8 % | -21.5 % | -21.6 % | -4.1 % |
ROE | 14.9 % | -73.7 % | -81.0 % | -35.6 % | -18.7 % |
ROI | 13.7 % | -32.9 % | -23.7 % | -22.6 % | -4.3 % |
Economic value added (EVA) | 4 440.44 | -17 049.81 | -7 765.62 | -14 674.79 | -1 628.90 |
Solvency | |||||
Equity ratio | 57.8 % | 27.5 % | 8.4 % | -11.2 % | 22.9 % |
Gearing | 35.9 % | 154.4 % | 970.5 % | -809.7 % | 306.3 % |
Relative net indebtedness % | 19.3 % | ||||
Liquidity | |||||
Quick ratio | 0.9 | 0.2 | 0.4 | 0.3 | 0.7 |
Current ratio | 2.3 | 1.4 | 1.0 | 0.8 | 1.9 |
Cash and cash equivalents | 545.40 | 203.69 | 943.72 | 797.23 | 1 020.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 45.8 | ||||
Net working capital % | 26.6 % | ||||
Credit risk | |||||
Credit rating | AA | BBB | BBB | BB | BBB |
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