TSB HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 earnings | 914.73 | 188.52 | 79.58 | 34.28 | 600.93 |
Shareholders equity total | 632.99 | 821.51 | 901.08 | 935.36 | 1 536.29 |
Balance sheet total (assets) | 5 201.25 | 3 313.96 | 3 283.13 | 3 295.70 | 6 859.97 |
Net debt | 2 188.46 | 1 933.18 | 1 872.36 | 1 882.61 | 2 189.85 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.2 % | 6.9 % | 4.2 % | 1.0 % | 14.2 % |
ROE | 58.7 % | 25.9 % | 9.2 % | 3.7 % | 48.6 % |
ROI | 26.3 % | 6.9 % | 4.2 % | 1.0 % | 14.2 % |
Economic value added (EVA) | - 135.63 | - 269.69 | - 181.47 | - 178.50 | - 185.10 |
Solvency | |||||
Equity ratio | 12.2 % | 24.8 % | 27.4 % | 28.4 % | 22.4 % |
Gearing | 720.9 % | 302.8 % | 263.8 % | 251.8 % | 345.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.3 | 0.2 | 0.2 | 0.6 |
Current ratio | 0.6 | 0.3 | 0.2 | 0.2 | 0.6 |
Cash and cash equivalents | 2 374.80 | 554.27 | 504.69 | 472.74 | 3 122.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
Variable visualization
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