TMF DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 25014855
H.C. Andersens Boulevard 38, 1553 København V

Company information

Official name
TMF DENMARK A/S
Personnel
16 persons
Established
1999
Company form
Limited company
Industry

About TMF DENMARK A/S

TMF DENMARK A/S (CVR number: 25014855) is a company from KØBENHAVN. The company reported a net sales of 45.3 mDKK in 2023, demonstrating a growth of 22.1 % compared to the previous year. The operating profit percentage was at 27.3 % (EBIT: 12.4 mDKK), while net earnings were 9607.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.8 %, which can be considered excellent and Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.9 %, 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. TMF DENMARK A/S's liquidity measured by quick ratio was 3.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales37 095.7245 303.14
Gross profit17 212.8518 772.2621 413.0323 688.5826 574.16
EBIT7 259.428 537.739 375.1510 953.0212 385.83
Net earnings5 466.106 482.747 302.818 530.139 607.50
Shareholders equity total14 645.6121 128.3528 431.1636 961.2946 568.79
Balance sheet total (assets)24 870.9332 909.9342 674.6161 075.1663 923.02
Net debt-6 870.52-21 848.92-24 513.93-32 695.55-46 254.19
Profitability
EBIT-%29.5 %27.3 %
ROA34.0 %29.9 %25.0 %21.2 %19.8 %
ROE45.9 %36.2 %29.5 %26.1 %23.0 %
ROI46.2 %42.3 %33.1 %25.5 %24.1 %
Economic value added (EVA)5 710.046 330.207 400.028 669.1310 175.70
Solvency
Equity ratio58.9 %64.2 %66.6 %60.5 %72.9 %
Gearing26.5 %5.5 %22.5 %39.3 %10.2 %
Relative net indebtedness %-62.3 %-74.3 %
Liquidity
Quick ratio2.42.62.92.53.6
Current ratio2.42.62.92.53.6
Cash and cash equivalents10 757.1923 005.3730 909.6647 205.0451 014.22
Capital use efficiency
Trade debtors turnover (days)83.241.6
Net working capital %97.3 %101.1 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:19.8%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.9%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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