TB EJENDOMME VARDE ApS — Credit Rating and Financial Key Figures

CVR number: 35230688
Gellerupvej 91, 6800 Varde

Company information

Official name
TB EJENDOMME VARDE ApS
Established
2013
Company form
Private limited company
Industry

About TB EJENDOMME VARDE ApS

TB EJENDOMME VARDE ApS (CVR number: 35230688) is a company from VARDE. The company recorded a gross profit of 635.4 kDKK in 2023. The operating profit was 392.3 kDKK, while net earnings were 4018.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.9 %, which can be considered excellent and Return on Equity (ROE) was 41.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.8 %, 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. TB EJENDOMME VARDE ApS's liquidity measured by quick ratio was 1.3 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 profit585.00346.00630.00550.00635.36
EBIT367.00380.00968.00328.00392.34
Net earnings2 058.002 773.003 601.003 046.004 018.64
Shareholders equity total5 285.006 058.007 659.008 705.0010 723.13
Balance sheet total (assets)11 321.0010 648.0014 290.0015 205.0019 569.33
Net debt4 330.002 850.00752.00977.00411.10
Profitability
EBIT-%
ROA21.4 %27.1 %31.4 %23.5 %24.9 %
ROE39.2 %48.9 %52.5 %37.2 %41.4 %
ROI23.5 %29.5 %33.9 %25.1 %26.2 %
Economic value added (EVA)96.43108.89675.83325.75334.83
Solvency
Equity ratio46.7 %56.9 %53.6 %57.3 %54.8 %
Gearing95.4 %62.6 %73.1 %65.4 %73.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.61.31.41.3
Current ratio0.50.61.31.41.3
Cash and cash equivalents712.00943.004 849.004 715.007 461.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:24.9%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.8%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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