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TBG HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TBG HOLDING A/S
TBG HOLDING A/S (CVR number: 35660798) is a company from GENTOFTE. The company recorded a gross profit of -11.8 kDKK in 2025. The operating profit was -11.8 kDKK, while net earnings were 1195.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TBG HOLDING A/S's liquidity measured by quick ratio was 8.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -20.27 | -8.50 | -10.38 | -11.00 | -11.79 |
| EBIT | -20.27 | -8.50 | -10.38 | -11.00 | -11.79 |
| Net earnings | 265.54 | 2 922.71 | 447.12 | 352.00 | 1 195.41 |
| Shareholders equity total | 8 209.84 | 11 132.55 | 11 579.66 | 11 932.00 | 13 127.40 |
| Balance sheet total (assets) | 8 816.71 | 11 805.71 | 12 402.63 | 12 929.00 | 14 252.66 |
| Net debt | 193.47 | 295.25 | 404.66 | 526.00 | 757.86 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 3.4 % | 28.7 % | 4.2 % | 3.3 % | 9.3 % |
| ROE | 3.3 % | 30.2 % | 3.9 % | 3.0 % | 9.5 % |
| ROI | 3.6 % | 29.8 % | 4.4 % | 3.4 % | 9.6 % |
| Economic value added (EVA) | - 417.11 | - 428.95 | - 583.08 | - 613.26 | - 638.55 |
| Solvency | |||||
| Equity ratio | 93.1 % | 94.3 % | 93.4 % | 92.3 % | 92.1 % |
| Gearing | 2.4 % | 2.8 % | 3.9 % | 5.0 % | 5.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 14.1 | 12.8 | 11.1 | 9.5 | 8.6 |
| Current ratio | 14.1 | 12.8 | 11.1 | 9.5 | 8.6 |
| Cash and cash equivalents | 3.21 | 15.35 | 49.58 | 67.00 | 0.83 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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