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Tilgaard Glas ApS — Credit Rating and Financial Key Figures

CVR number: 38121766
Catherine Boothsvej 89, 2650 Hvidovre
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Credit rating

Company information

Official name
Tilgaard Glas ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Tilgaard Glas ApS

Tilgaard Glas ApS (CVR number: 38121766) is a company from HVIDOVRE. The company recorded a gross profit of 470.1 kDKK in 2025. The operating profit was -123.7 kDKK, while net earnings were -96.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.8 %, which can be considered poor and Return on Equity (ROE) was -24.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Tilgaard Glas ApS's liquidity measured by quick ratio was 2.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit391.29482.59833.51723.63470.11
EBIT48.56-67.54345.24118.04- 123.65
Net earnings37.09-55.50266.5490.61-96.57
Shareholders equity total268.29212.78479.32439.93343.36
Balance sheet total (assets)447.66460.79851.02704.96528.37
Net debt-30.83-89.71- 408.63-34.96- 197.96
Profitability
EBIT-%
ROA10.4 %-14.8 %53.0 %15.7 %-19.8 %
ROE14.9 %-23.1 %77.0 %19.7 %-24.7 %
ROI15.3 %-20.4 %78.7 %22.8 %-29.0 %
Economic value added (EVA)23.33-72.90249.7358.77- 122.75
Solvency
Equity ratio59.9 %46.2 %56.3 %62.4 %65.0 %
Gearing13.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.42.32.72.42.4
Current ratio3.42.32.72.42.5
Cash and cash equivalents30.8389.71408.6392.75197.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-19.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:65.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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