TIBIRG ApS — Credit Rating and Financial Key Figures

CVR number: 70965216
Frederiksberg Alle 60 A, 1820 Frederiksberg C
rlp@bokon.dk
tel: 21731477

Company information

Official name
TIBIRG ApS
Established
1981
Company form
Private limited company
Industry

About TIBIRG ApS

TIBIRG ApS (CVR number: 70965216) is a company from FREDERIKSBERG. The company recorded a gross profit of 2748.7 kDKK in 2023. The operating profit was 1567.9 kDKK, while net earnings were 880.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72.9 %, 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. TIBIRG ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit2 611.032 418.002 289.242 211.662 748.67
EBIT1 017.57836.47708.491 030.911 567.92
Net earnings95.15-50.10- 126.76394.70880.60
Shareholders equity total43 700.3843 650.2843 523.5243 918.2344 798.82
Balance sheet total (assets)67 993.6768 940.8769 839.3160 879.0262 301.68
Net debt9 353.877 130.8213 090.7912 308.669 695.69
Profitability
EBIT-%
ROA3.2 %1.7 %1.5 %2.0 %3.1 %
ROE0.2 %-0.1 %-0.3 %0.9 %2.0 %
ROI5.3 %2.0 %1.9 %2.2 %3.2 %
Economic value added (EVA)492.60281.86334.34300.56593.49
Solvency
Equity ratio65.0 %64.1 %63.1 %73.3 %72.9 %
Gearing29.5 %30.8 %32.3 %33.1 %33.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.60.50.7
Current ratio0.30.40.60.50.6
Cash and cash equivalents3 520.866 323.26968.742 242.955 365.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:3.11%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.9%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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