TUBBE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33962231
Isabellavænget 13, 5270 Odense N
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Company information

Official name
TUBBE HOLDING ApS
Established
2011
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit114.6584.3362.74-16.75-21.27
EBIT114.6584.3362.74-16.75-21.27
Net earnings266.68173.261 164.47520.00675.44
Shareholders equity total537.13710.391 774.862 184.262 745.31
Balance sheet total (assets)575.01765.232 000.652 576.653 480.48
Net debt-95.84- 301.63- 145.49- 587.52- 631.18
Profitability
EBIT-%
ROA53.1 %28.9 %85.4 %22.9 %22.3 %
ROE66.0 %27.8 %93.7 %26.3 %27.4 %
ROI59.4 %31.1 %95.0 %26.5 %25.8 %
Economic value added (EVA)102.2067.4750.4446.0469.09
Solvency
Equity ratio93.4 %92.8 %88.7 %84.8 %78.9 %
Gearing0.2 %10.9 %
Relative net indebtedness %
Liquidity
Quick ratio4.26.82.07.43.7
Current ratio4.26.82.07.43.7
Cash and cash equivalents95.84301.63145.49591.52931.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:22.3%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.9%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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