TUBBE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TUBBE HOLDING ApS
TUBBE HOLDING ApS (CVR number: 33962231) is a company from ODENSE. The company recorded a gross profit of -21.3 kDKK in 2023. The operating profit was -21.3 kDKK, while net earnings were 675.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.3 %, which can be considered excellent and Return on Equity (ROE) was 27.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.9 %, 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. TUBBE HOLDING ApS'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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 114.65 | 84.33 | 62.74 | -16.75 | -21.27 |
| EBIT | 114.65 | 84.33 | 62.74 | -16.75 | -21.27 |
| Net earnings | 266.68 | 173.26 | 1 164.47 | 520.00 | 675.44 |
| Shareholders equity total | 537.13 | 710.39 | 1 774.86 | 2 184.26 | 2 745.31 |
| Balance sheet total (assets) | 575.01 | 765.23 | 2 000.65 | 2 576.65 | 3 480.48 |
| Net debt | -95.84 | - 301.63 | - 145.49 | - 587.52 | - 631.18 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 53.1 % | 28.9 % | 85.4 % | 22.9 % | 22.3 % |
| ROE | 66.0 % | 27.8 % | 93.7 % | 26.3 % | 27.4 % |
| ROI | 59.4 % | 31.1 % | 95.0 % | 26.5 % | 25.8 % |
| Economic value added (EVA) | 102.20 | 67.47 | 50.44 | 46.04 | 69.09 |
| Solvency | |||||
| Equity ratio | 93.4 % | 92.8 % | 88.7 % | 84.8 % | 78.9 % |
| Gearing | 0.2 % | 10.9 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.2 | 6.8 | 2.0 | 7.4 | 3.7 |
| Current ratio | 4.2 | 6.8 | 2.0 | 7.4 | 3.7 |
| Cash and cash equivalents | 95.84 | 301.63 | 145.49 | 591.52 | 931.08 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | A |
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