TS 2019 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TS 2019 A/S
TS 2019 A/S (CVR number: 38450255) is a company from NÆSTVED. The company recorded a gross profit of -1048 kDKK in 2021. The operating profit was -8484.6 kDKK, while net earnings were -6751.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.2 %, which can be considered poor and Return on Equity (ROE) was -39.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -13.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TS 2019 A/S's liquidity measured by quick ratio was 3.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1.97 | -20.10 | 575.68 | 1 429.72 | -1 047.97 |
EBIT | -1.97 | -20.10 | -6.70 | -1 550.13 | -8 484.60 |
Net earnings | -2.13 | -21.05 | 5.86 | - 999.31 | -6 751.44 |
Shareholders equity total | 47.88 | 26.83 | 32.69 | 333.38 | -5 218.06 |
Balance sheet total (assets) | 47.88 | 1 346.96 | 2 757.98 | 7 988.92 | 33 616.74 |
Net debt | -31.21 | -1 346.96 | 2 101.84 | 1 892.85 | 18 096.68 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.1 % | -2.9 % | -0.3 % | -28.8 % | -36.2 % |
ROE | -4.4 % | -56.4 % | 19.7 % | -546.0 % | -39.8 % |
ROI | -4.1 % | -53.8 % | -0.5 % | -31.6 % | -40.6 % |
Economic value added (EVA) | -1.97 | -20.94 | 61.58 | - 871.59 | -5 779.83 |
Solvency | |||||
Equity ratio | 100.0 % | 2.0 % | 1.2 % | 4.2 % | -13.4 % |
Gearing | 6488.0 % | 583.7 % | -500.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.3 | 0.6 | 3.7 | |
Current ratio | 1.0 | 0.3 | 0.6 | 3.7 | |
Cash and cash equivalents | 31.21 | 1 346.96 | 18.90 | 53.13 | 8 017.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
Variable visualization
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