TF KØD A/S
Credit rating
Company information
About TF KØD A/S
TF KØD A/S (CVR number: 26079020) is a company from KØBENHAVN. The company reported a net sales of 0.4 mDKK in 2019, demonstrating a growth of 269.3 % compared to the previous year. The operating profit percentage was at 100 % (EBIT: 0.4 mDKK), while net earnings were 226.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent but Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.5 %, 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. TF KØD A/S's liquidity measured by quick ratio was 4.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 580.44 | 476.77 | 106.98 | 395.03 |
Gross profit | 580.44 | 476.77 | 106.98 | 395.03 |
EBIT | 580.44 | 476.77 | 106.98 | 395.03 |
Net earnings | 499.01 | 308.23 | 37.78 | 226.54 |
Shareholders equity total | 1 790.30 | 1 699.32 | 1 737.11 | 1 963.64 |
Balance sheet total (assets) | 4 038.09 | 3 173.00 | 2 530.57 | 2 533.04 |
Net debt | -3 043.17 | -1 652.48 | -1 687.23 | -1 986.04 |
Profitability | ||||
EBIT-% | 100.0 % | 100.0 % | 100.0 % | 100.0 % |
ROA | 15.8 % | 13.2 % | 3.8 % | 15.6 % |
ROE | 27.9 % | 17.7 % | 2.2 % | 12.2 % |
ROI | 30.6 % | 21.9 % | 5.1 % | 19.9 % |
Economic value added (EVA) | 455.63 | 408.23 | 115.93 | 322.24 |
Solvency | ||||
Equity ratio | 44.3 % | 53.6 % | 68.6 % | 77.5 % |
Gearing | 16.5 % | 34.5 % | 16.0 % | |
Relative net indebtedness % | -187.8 % | -160.5 % | -1095.1 % | -358.6 % |
Liquidity | ||||
Quick ratio | 1.9 | 2.1 | 2.9 | 4.6 |
Current ratio | 1.9 | 2.1 | 2.9 | 4.6 |
Cash and cash equivalents | 3 338.09 | 2 238.82 | 1 964.96 | 1 986.04 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 440.2 | 478.5 | 341.2 | 92.4 |
Net working capital % | 332.0 % | 311.5 % | 1389.9 % | 467.2 % |
Credit risk | ||||
Credit rating | BB | BB | BB | BBB |
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