TANK2EYE ApS — Credit Rating and Financial Key Figures

CVR number: 29801525
Odensevej 177, 5500 Middelfart

Credit rating

Company information

Official name
TANK2EYE ApS
Established
2006
Company form
Private limited company
Industry
  • Expand more icon81Services to buildings and landscape activities

About TANK2EYE ApS

TANK2EYE ApS (CVR number: 29801525) is a company from MIDDELFART. The company recorded a gross profit of 1912.5 kDKK in 2022. The operating profit was 599.3 kDKK, while net earnings were 466.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40 %, which can be considered excellent and Return on Equity (ROE) was 43.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.5 %, 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. TANK2EYE ApS's liquidity measured by quick ratio was 1.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit2 336.392 243.572 323.511 766.991 912.53
EBIT537.02517.14642.25389.72599.28
Net earnings426.23408.69493.49307.19466.91
Shareholders equity total1 438.491 447.181 540.661 347.85794.77
Balance sheet total (assets)1 968.591 961.542 471.371 820.511 232.46
Net debt-1 386.47-1 449.72-1 449.69- 972.81- 531.32
Profitability
EBIT-%
ROA26.8 %26.9 %29.5 %18.7 %40.0 %
ROE30.5 %28.3 %33.0 %21.3 %43.6 %
ROI37.4 %36.5 %43.7 %27.7 %56.9 %
Economic value added (EVA)426.65399.17492.61297.66443.79
Solvency
Equity ratio73.1 %73.8 %62.3 %76.5 %64.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.13.32.53.11.9
Current ratio3.33.52.62.92.0
Cash and cash equivalents1 386.471 449.721 449.69972.81531.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:40.0%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.5%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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