TIGERENS REDE ApS — Credit Rating and Financial Key Figures

CVR number: 21430390
Vestervej 4 A, 8751 Gedved
tel: 75665401

Credit rating

Company information

Official name
TIGERENS REDE ApS
Established
1998
Company form
Private limited company
Industry

About TIGERENS REDE ApS

TIGERENS REDE ApS (CVR number: 21430390) is a company from HORSENS. The company recorded a gross profit of 167 kDKK in 2024. The operating profit was -22.9 kDKK, while net earnings were -24.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TIGERENS REDE ApS's liquidity measured by quick ratio was 3.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit189.00188.50145.30190.97166.96
EBIT21.2625.79-18.5710.45-22.94
Net earnings12.2313.91-25.347.21-24.75
Shareholders equity total5 839.845 970.536 187.596 289.786 569.23
Balance sheet total (assets)6 320.686 397.736 418.686 444.976 658.05
Net debt118.00-40.14-74.62- 196.98- 221.22
Profitability
EBIT-%
ROA0.3 %0.4 %-0.3 %0.2 %-0.4 %
ROE0.2 %0.2 %-0.4 %0.1 %-0.4 %
ROI0.3 %0.4 %-0.3 %0.2 %-0.4 %
Economic value added (EVA)- 294.89- 294.45- 337.83- 310.04- 344.76
Solvency
Equity ratio92.4 %93.3 %96.4 %97.6 %98.7 %
Gearing5.8 %4.4 %3.1 %1.8 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.62.32.73.6
Current ratio1.72.62.32.73.6
Cash and cash equivalents221.16305.19264.82311.58259.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.35%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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