Tasfo Ryttergade ApS — Credit Rating and Financial Key Figures

CVR number: 11759394
Munke Mose Allé 1 A, 5000 Odense C
tel: 66132277

Credit rating

Company information

Official name
Tasfo Ryttergade ApS
Personnel
2 persons
Established
1987
Company form
Private limited company
Industry

About Tasfo Ryttergade ApS

Tasfo Ryttergade ApS (CVR number: 11759394) is a company from ODENSE. The company recorded a gross profit of 1154.3 kDKK in 2024. The operating profit was 1065.5 kDKK, while net earnings were 56.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 31.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tasfo Ryttergade ApS's liquidity measured by quick ratio was 0.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 355.811 544.221 498.071 247.031 154.30
EBIT1 289.572 832.606 941.34-2 077.841 065.55
Net earnings793.871 789.925 166.38-1 980.0756.70
Shareholders equity total12 494.2612 634.1817 100.5614 470.4914 527.18
Balance sheet total (assets)40 317.7443 163.6748 248.9245 125.0745 643.01
Net debt21 740.2323 717.2323 610.7923 729.6623 985.52
Profitability
EBIT-%
ROA3.2 %6.9 %15.2 %-4.4 %2.3 %
ROE6.4 %14.2 %34.7 %-12.5 %0.4 %
ROI3.3 %7.0 %15.4 %-4.5 %2.4 %
Economic value added (EVA)- 694.99524.063 613.80-3 623.74-1 252.52
Solvency
Equity ratio31.0 %29.3 %35.4 %32.1 %31.8 %
Gearing175.5 %189.2 %138.1 %164.0 %165.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.90.20.00.2
Current ratio0.50.90.20.00.2
Cash and cash equivalents180.97187.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:2.35%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.8%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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