TIDENS DESIGN ApS

CVR number: 30907280
Sparresmindevej 11, 4780 Stege
tel: 55814560

Credit rating

Company information

Official name
TIDENS DESIGN ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About TIDENS DESIGN ApS

TIDENS DESIGN ApS (CVR number: 30907280) is a company from VORDINGBORG. The company recorded a gross profit of 167 kDKK in 2023. The operating profit was 52.9 kDKK, while net earnings were 38.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.4 %, 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. TIDENS DESIGN ApS's liquidity measured by quick ratio was 2.3 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
20192020202120222023
Volume
Net sales
Gross profit192.00288.00179.00224.00166.99
EBIT74.00166.0051.00126.0052.92
Net earnings64.00148.0019.00107.0038.62
Shareholders equity total153.00300.00319.00427.00465.75
Balance sheet total (assets)530.00773.00796.00726.00811.32
Net debt- 133.00- 271.00- 577.00- 413.00- 457.25
Profitability
EBIT-%
ROA14.2 %25.6 %6.6 %16.7 %7.6 %
ROE52.9 %65.3 %6.1 %28.7 %8.7 %
ROI19.8 %37.2 %11.7 %26.8 %9.8 %
Economic value added (EVA)85.91170.8944.70129.9847.09
Solvency
Equity ratio28.9 %38.8 %40.1 %58.8 %57.4 %
Gearing160.8 %66.0 %23.2 %29.5 %39.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.51.62.32.3
Current ratio1.21.61.72.42.3
Cash and cash equivalents379.00469.00651.00539.00640.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:7.63%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.4%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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