TJ Ejendomsselskab A/S — Credit Rating and Financial Key Figures

CVR number: 78802812
Hostrupsgade 20, 8600 Silkeborg

Company information

Official name
TJ Ejendomsselskab A/S
Personnel
2 persons
Established
1986
Company form
Limited company
Industry

About TJ Ejendomsselskab A/S

TJ Ejendomsselskab A/S (CVR number: 78802812) is a company from SILKEBORG. The company recorded a gross profit of 986.4 kDKK in 2023. The operating profit was 535.6 kDKK, while net earnings were 169.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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. TJ Ejendomsselskab A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 715.13412.19465.17766.23986.40
EBIT1 395.0567.751 069.761 890.26535.61
Net earnings1 524.20343.18639.161 208.89169.80
Shareholders equity total3 560.883 904.064 543.225 752.115 921.91
Balance sheet total (assets)13 579.0414 154.5315 158.5716 673.1018 213.96
Net debt8 639.088 731.558 506.768 572.8310 026.15
Profitability
EBIT-%
ROA16.9 %5.0 %7.3 %11.9 %4.3 %
ROE54.5 %9.2 %15.1 %23.5 %2.9 %
ROI17.5 %5.1 %7.6 %12.4 %4.5 %
Economic value added (EVA)590.49- 503.58304.98931.45-24.13
Solvency
Equity ratio28.8 %30.1 %30.0 %34.5 %32.5 %
Gearing242.6 %223.7 %187.2 %149.0 %169.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.3
Current ratio0.00.00.00.00.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.35%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.5%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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