Tømrermanden ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tømrermanden ApS
Tømrermanden ApS (CVR number: 38613057) is a company from AARHUS. The company reported a net sales of 2.5 mDKK in 2023, demonstrating a decline of -0.4 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 0 mDKK), while net earnings were -14.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was -5.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Tømrermanden ApS's liquidity measured by quick ratio was 2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 392.77 | 2 750.71 | 4 080.30 | 2 544.71 | 2 534.41 |
Gross profit | 593.17 | 953.73 | 1 436.15 | 992.95 | 1 091.11 |
EBIT | 39.14 | 109.64 | 70.62 | 30.02 | 16.62 |
Net earnings | 27.01 | 79.27 | 48.44 | 10.48 | -14.33 |
Shareholders equity total | 151.21 | 230.48 | 278.92 | 289.39 | 275.06 |
Balance sheet total (assets) | 426.19 | 1 000.59 | 857.77 | 594.48 | 469.88 |
Net debt | - 184.08 | 115.47 | - 138.97 | 63.93 | 17.35 |
Profitability | |||||
EBIT-% | 2.8 % | 4.0 % | 1.7 % | 1.2 % | 0.7 % |
ROA | 10.8 % | 15.4 % | 7.6 % | 4.1 % | 3.1 % |
ROE | 19.6 % | 41.5 % | 19.0 % | 3.7 % | -5.1 % |
ROI | 28.4 % | 44.1 % | 22.6 % | 8.6 % | 4.7 % |
Economic value added (EVA) | 30.19 | 86.21 | 36.18 | 10.19 | -2.74 |
Solvency | |||||
Equity ratio | 35.5 % | 23.0 % | 32.5 % | 48.7 % | 58.5 % |
Gearing | 50.1 % | 22.1 % | 6.3 % | ||
Relative net indebtedness % | 6.5 % | 28.0 % | 10.8 % | 12.0 % | 7.7 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 0.9 | 1.6 | 2.0 |
Current ratio | 0.9 | 1.0 | 0.9 | 1.6 | 2.0 |
Cash and cash equivalents | 184.08 | 138.97 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.9 | 90.1 | 33.5 | 50.5 | 56.0 |
Net working capital % | -2.7 % | 0.9 % | -1.6 % | 5.5 % | 7.7 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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