C. F. Tietgens Boulevard 19 A/S — Credit Rating and Financial Key Figures

CVR number: 25974980
August Bournonvilles Passage 1, 1055 København K

Credit rating

Company information

Official name
C. F. Tietgens Boulevard 19 A/S
Established
2001
Company form
Limited company
Industry
  • Expand more icon681100

About C. F. Tietgens Boulevard 19 A/S

C. F. Tietgens Boulevard 19 A/S (CVR number: 25974980) is a company from KØBENHAVN. The company recorded a gross profit of 3015.3 kDKK in 2023. The operating profit was 5327 kDKK, while net earnings were 1028.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 12.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. C. F. Tietgens Boulevard 19 A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit11 520.694 980.623 589.35800.703 015.34
EBIT11 520.694 970.153 577.382 541.485 327.02
Net earnings-3 204.403 479.542 280.535 407.081 028.65
Shareholders equity total8 189.8711 669.4113 949.9326 245.577 224.25
Balance sheet total (assets)44 749.1448 790.1262 519.8658 152.8557 296.00
Net debt31 158.0629 224.5527 619.8925 017.9439 786.19
Profitability
EBIT-%
ROA25.3 %10.7 %6.5 %11.6 %9.2 %
ROE-32.7 %35.0 %17.8 %26.9 %6.1 %
ROI26.2 %11.3 %6.8 %12.1 %9.7 %
Economic value added (EVA)6 963.632 954.771 801.58896.082 463.35
Solvency
Equity ratio18.3 %23.9 %22.3 %45.1 %12.8 %
Gearing395.7 %265.5 %304.6 %95.3 %550.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.70.10.0
Current ratio0.10.20.70.10.0
Cash and cash equivalents1 250.601 752.6114 867.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:9.23%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.8%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

Build time: 2025-04-12T02:44:50.019Z

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