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TYRE TRADE DK ApS — Credit Rating and Financial Key Figures

CVR number: 28147074
Kongehøj 213, 6600 Vejen
tinagormsen@gmail.com
tel: 22136670
Free credit report Annual report

Company information

Official name
TYRE TRADE DK ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry

About TYRE TRADE DK ApS

TYRE TRADE DK ApS (CVR number: 28147074) is a company from VEJEN. The company recorded a gross profit of 522.4 kDKK in 2025. The operating profit was -13.3 kDKK, while net earnings were 7.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TYRE TRADE DK ApS's liquidity measured by quick ratio was 2.9 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit461.18457.72416.17457.80522.40
EBIT45.6518.7238.9314.16-13.28
Net earnings52.7430.4948.6529.107.65
Shareholders equity total523.87554.37603.01632.11639.75
Balance sheet total (assets)839.141 269.59832.25870.04984.48
Net debt107.38522.00- 100.61- 136.15- 209.32
Profitability
EBIT-%
ROA9.1 %6.0 %6.4 %4.6 %1.4 %
ROE10.6 %5.7 %8.4 %4.7 %1.2 %
ROI11.2 %7.0 %7.4 %5.8 %1.9 %
Economic value added (EVA)4.51-19.92-26.57-22.54-44.05
Solvency
Equity ratio62.4 %43.7 %72.5 %72.7 %65.0 %
Gearing31.1 %104.3 %10.8 %8.5 %11.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.61.83.63.72.9
Current ratio2.61.83.63.72.9
Cash and cash equivalents55.7756.40165.63190.06284.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:1.40%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

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