TINXDK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TINXDK ApS
TINXDK ApS (CVR number: 32832482) is a company from IKAST-BRANDE. The company recorded a gross profit of 726 kDKK in 2023. The operating profit was -663.1 kDKK, while net earnings were -518.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -88.9 %, which can be considered poor and Return on Equity (ROE) was -144.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.5 %, 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. TINXDK ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 759.67 | 1 015.72 | 1 176.13 | 1 427.49 | 725.97 |
EBIT | 110.13 | 294.21 | -7.94 | -82.74 | - 663.13 |
Net earnings | 87.55 | 228.75 | -8.64 | -64.89 | - 518.18 |
Shareholders equity total | 487.94 | 691.55 | 682.91 | 618.02 | 99.84 |
Balance sheet total (assets) | 783.76 | 1 224.25 | 1 130.40 | 1 065.18 | 425.23 |
Net debt | 158.46 | - 315.11 | - 141.86 | 38.68 | 130.65 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.2 % | 29.4 % | -0.5 % | -7.3 % | -88.9 % |
ROE | 19.7 % | 38.8 % | -1.3 % | -10.0 % | -144.4 % |
ROI | 17.2 % | 41.9 % | -0.8 % | -10.6 % | -141.0 % |
Economic value added (EVA) | 66.89 | 204.86 | -22.36 | -86.81 | - 546.74 |
Solvency | |||||
Equity ratio | 62.3 % | 56.5 % | 60.4 % | 58.0 % | 23.5 % |
Gearing | 32.5 % | 9.8 % | 17.4 % | 14.7 % | 130.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 2.3 | 2.5 | 2.4 | 1.3 |
Current ratio | 2.6 | 2.3 | 2.5 | 2.4 | 1.3 |
Cash and cash equivalents | 383.08 | 260.61 | 52.18 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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