TINVEJ 20 ApS — Credit Rating and Financial Key Figures

CVR number: 29511381
Haderslevvej 18, 3000 Helsingør

Company information

Official name
TINVEJ 20 ApS
Established
2006
Company form
Private limited company
Industry

About TINVEJ 20 ApS

TINVEJ 20 ApS (CVR number: 29511381) is a company from HELSINGØR. The company recorded a gross profit of 463.1 kDKK in 2023. The operating profit was 395.5 kDKK, while net earnings were 418.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good and Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.9 %, 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. TINVEJ 20 ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit705.58911.10686.15540.65463.07
EBIT637.98843.50618.55473.05395.47
Net earnings510.36437.9629.76209.22418.89
Shareholders equity total3 720.474 158.434 188.194 397.424 816.31
Balance sheet total (assets)11 888.3111 695.3711 205.7610 872.5310 967.47
Net debt5 162.054 741.174 657.484 918.054 061.48
Profitability
EBIT-%
ROA8.1 %11.6 %8.7 %6.7 %8.1 %
ROE14.7 %11.1 %0.7 %4.9 %9.1 %
ROI8.5 %12.3 %9.2 %6.9 %8.3 %
Economic value added (EVA)-56.0392.63-88.79- 159.74- 237.46
Solvency
Equity ratio31.3 %35.6 %37.4 %40.4 %43.9 %
Gearing198.4 %162.9 %147.7 %143.6 %117.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.40.41.4
Current ratio0.50.50.40.41.4
Cash and cash equivalents2 217.642 032.101 529.301 397.361 605.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:8.14%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.9%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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