TAPFLO DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 34057184
Rundmarken 22, 9800 Hjørring

Credit rating

Company information

Official name
TAPFLO DANMARK ApS
Personnel
2 persons
Established
2011
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About TAPFLO DANMARK ApS

TAPFLO DANMARK ApS (CVR number: 34057184) is a company from HJØRRING. The company recorded a gross profit of 2424.4 kDKK in 2023. The operating profit was 770.3 kDKK, while net earnings were 572.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.5 %, which can be considered excellent and Return on Equity (ROE) was 61.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.4 %, 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. TAPFLO DANMARK 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 558.011 506.901 835.932 604.422 424.44
EBIT435.31386.46644.951 254.17770.29
Net earnings335.04299.80487.79949.26572.13
Shareholders equity total712.331 012.121 199.911 149.17721.31
Balance sheet total (assets)1 697.941 779.962 606.322 877.592 734.19
Net debt- 716.00-1 105.95-1 617.35-1 988.26-1 312.12
Profitability
EBIT-%
ROA26.8 %22.7 %29.2 %45.7 %27.5 %
ROE61.5 %34.8 %44.1 %80.8 %61.2 %
ROI51.1 %42.8 %56.5 %104.1 %72.0 %
Economic value added (EVA)355.54304.11509.30998.50643.96
Solvency
Equity ratio42.0 %56.9 %46.0 %39.9 %26.4 %
Gearing7.4 %4.0 %0.2 %3.7 %28.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.41.91.81.3
Current ratio1.92.62.12.01.5
Cash and cash equivalents768.901 146.911 619.892 031.101 517.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:27.5%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.4%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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