TAPCERT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TAPCERT ApS
TAPCERT ApS (CVR number: 36452641) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a growth of 20.9 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 0 mDKK), while net earnings were 16.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.4 %, 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. TAPCERT ApS's liquidity measured by quick ratio was 1.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 577.57 | 514.24 | 768.55 | 660.43 | 798.74 |
Gross profit | 262.59 | 353.90 | 490.41 | 400.90 | 461.89 |
EBIT | 4.14 | 5.49 | 45.14 | 36.09 | 21.27 |
Net earnings | 3.23 | 4.28 | 35.21 | 26.86 | 16.59 |
Shareholders equity total | 73.12 | 78.61 | 131.77 | 158.63 | 182.66 |
Balance sheet total (assets) | 291.36 | 337.18 | 379.32 | 321.20 | 546.07 |
Net debt | - 143.73 | -67.00 | - 184.22 | -52.26 | -98.06 |
Profitability | |||||
EBIT-% | 0.7 % | 1.1 % | 5.9 % | 5.5 % | 2.7 % |
ROA | 1.5 % | 1.7 % | 12.6 % | 10.3 % | 4.9 % |
ROE | 4.5 % | 5.6 % | 33.5 % | 18.5 % | 9.7 % |
ROI | 5.8 % | 7.2 % | 42.9 % | 24.9 % | 12.5 % |
Economic value added (EVA) | 1.35 | 8.83 | 35.79 | 31.84 | 15.35 |
Solvency | |||||
Equity ratio | 25.1 % | 23.3 % | 34.7 % | 49.4 % | 33.4 % |
Gearing | |||||
Relative net indebtedness % | 12.9 % | 37.3 % | 8.2 % | 16.7 % | 33.2 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.0 | 1.2 | 1.4 | 1.2 |
Current ratio | 1.3 | 1.0 | 1.2 | 1.4 | 1.2 |
Cash and cash equivalents | 143.73 | 67.00 | 184.22 | 52.26 | 98.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 64.1 | 116.7 | 33.3 | 75.4 | 129.6 |
Net working capital % | 11.7 % | 0.5 % | 6.7 % | 9.3 % | 9.3 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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