TB Invest Varde ApS

CVR number: 39407868
Gellerupvej 91 A, 6800 Varde

Credit rating

Company information

Official name
TB Invest Varde ApS
Established
2018
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About the company

TB Invest Varde ApS (CVR number: 39407868) is a company from VARDE. The company recorded a gross profit of -20.9 kDKK in 2023. The operating profit was -20.9 kDKK, while net earnings were -15.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.2 %, which can be considered poor and Return on Equity (ROE) was -18.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.8 %, 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 Invest Varde ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-18.00-19.00-20.00-20.00-20.93
EBIT-18.00-19.00-20.00-20.00-20.93
Net earnings-15.00-16.00-17.00-15.00-15.79
Shareholders equity total42.0026.00109.0094.0077.63
Balance sheet total (assets)81.0081.00134.00133.00134.33
Net debt29.0045.0015.0029.0046.70
Profitability
EBIT-%
ROA-22.4 %-23.5 %-18.6 %-13.5 %-14.2 %
ROE-30.3 %-47.1 %-25.2 %-14.8 %-18.4 %
ROI-25.5 %-26.8 %-20.5 %-14.6 %-15.3 %
Economic value added (EVA)-17.07-17.31-16.76-21.27-21.05
Solvency
Equity ratio51.9 %32.1 %81.3 %70.7 %57.8 %
Gearing69.0 %173.1 %13.8 %30.9 %60.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.12.31.41.0
Current ratio0.10.12.31.41.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-14.2%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.8%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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