Tipco ApS

CVR number: 40500944
Gl Strandvej 154, Strib 5500 Middelfart

Credit rating

Company information

Official name
Tipco ApS
Established
2019
Domicile
Strib
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About Tipco ApS

Tipco ApS (CVR number: 40500944) is a company from MIDDELFART. The company recorded a gross profit of 529 kDKK in 2023. The operating profit was 97.6 kDKK, while net earnings were 53.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 24 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.6 %, 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. Tipco ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales
Gross profit490.00564.00439.00529.00
EBIT59.00108.00103.0097.64
Net earnings15.0068.0064.0053.82
Shareholders equity total65.00133.00197.00250.66
Balance sheet total (assets)1 131.001 233.001 144.001 281.41
Net debt734.00693.00726.00629.86
Profitability
EBIT-%
ROA5.2 %9.1 %8.7 %8.1 %
ROE23.1 %68.7 %38.8 %24.0 %
ROI7.3 %13.1 %11.3 %10.3 %
Economic value added (EVA)44.2549.4942.7537.22
Solvency
Equity ratio5.7 %10.8 %17.2 %19.6 %
Gearing1129.2 %521.1 %368.5 %251.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.70.30.6
Current ratio0.50.70.30.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:8.05%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.6%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-10-21T13:51:17.413Z

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