TIDE A/S — Credit Rating and Financial Key Figures

CVR number: 25357051
Kronprinsensgade 1 A, 5000 Odense C
jytte@jytte-el.dk
tel: 22724002

Credit rating

Company information

Official name
TIDE A/S
Established
2000
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About TIDE A/S

TIDE A/S (CVR number: 25357051) is a company from ODENSE. The company recorded a gross profit of 465.9 kDKK in 2024. The operating profit was 465.9 kDKK, while net earnings were 330.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent and Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 45.4 %, 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. TIDE A/S's liquidity measured by quick ratio was 2.2 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
20202021202220232024
Volume
Net sales
Gross profit345.64399.62447.19446.68465.92
EBIT441.16424.75487.34722.22465.92
Net earnings280.22276.56307.99531.44330.50
Shareholders equity total4 405.274 481.834 509.824 761.274 691.77
Balance sheet total (assets)9 949.819 994.6610 062.7410 396.2710 338.19
Net debt3 480.213 460.483 432.553 374.573 470.15
Profitability
EBIT-%
ROA4.6 %4.3 %4.9 %7.1 %4.5 %
ROE6.0 %6.2 %6.9 %11.5 %7.0 %
ROI4.6 %4.3 %4.9 %7.2 %4.6 %
Economic value added (EVA)-48.53-66.56-23.58162.11-46.79
Solvency
Equity ratio44.3 %44.8 %44.8 %45.8 %45.4 %
Gearing87.0 %85.5 %85.0 %80.5 %81.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.72.42.72.2
Current ratio2.02.72.42.72.2
Cash and cash equivalents353.45373.18401.11459.10363.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.54%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.4%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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