TSB HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27228259
Slettensvej 175, Anderup 5270 Odense N

Company information

Official name
TSB HOLDING ApS
Established
2003
Domicile
Anderup
Company form
Private limited company
Industry

About TSB HOLDING ApS

TSB HOLDING ApS (CVR number: 27228259) is a company from ODENSE. The company recorded a gross profit of -25.4 kDKK in 2024. The operating profit was -25.4 kDKK, while net earnings were 600.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 48.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.4 %, 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. TSB HOLDING 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-15.13-14.85-14.70-17.28-25.38
EBIT-15.13-14.85-14.70-17.28-25.38
Net earnings914.73188.5279.5834.28600.93
Shareholders equity total632.99821.51901.08935.361 536.29
Balance sheet total (assets)5 201.253 313.963 283.133 295.706 859.97
Net debt2 188.461 933.181 872.361 882.612 189.85
Profitability
EBIT-%
ROA26.2 %6.9 %4.2 %1.0 %14.2 %
ROE58.7 %25.9 %9.2 %3.7 %48.6 %
ROI26.3 %6.9 %4.2 %1.0 %14.2 %
Economic value added (EVA)- 135.63- 269.69- 181.47- 178.50- 185.10
Solvency
Equity ratio12.2 %24.8 %27.4 %28.4 %22.4 %
Gearing720.9 %302.8 %263.8 %251.8 %345.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.30.20.20.6
Current ratio0.60.30.20.20.6
Cash and cash equivalents2 374.80554.27504.69472.743 122.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:14.2%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.4%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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