TE Automotive ApS — Credit Rating and Financial Key Figures

TE Automotive ApS (CVR number: 44262630) is a company from AABENRAA. The company recorded a gross profit of -37 kDKK in 2023. The operating profit was -37 kDKK, while net earnings were -37.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -102.3 %, which can be considered poor and Return on Equity (ROE) was -290.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.5 %, 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. TE Automotive ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.