TINGLYSNINGSBUREAUET ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TINGLYSNINGSBUREAUET ApS
TINGLYSNINGSBUREAUET ApS (CVR number: 34469334) is a company from HELSINGØR. The company reported a net sales of 1.8 mDKK in 2023, demonstrating a growth of 2.5 % compared to the previous year. The operating profit percentage was at 5 % (EBIT: 0.1 mDKK), while net earnings were 69.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent and Return on Equity (ROE) was 26.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.9 %, 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. TINGLYSNINGSBUREAUET ApS's liquidity measured by quick ratio was 5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 837.08 | 1 722.70 | 1 766.25 | ||
Gross profit | 298.86 | 379.97 | 328.02 | 214.68 | 295.49 |
EBIT | 51.19 | 117.55 | 61.17 | 14.85 | 88.25 |
Net earnings | 39.56 | 91.00 | 46.54 | 9.62 | 69.31 |
Shareholders equity total | 242.53 | 279.54 | 272.07 | 225.69 | 295.01 |
Balance sheet total (assets) | 423.64 | 547.04 | 449.71 | 384.51 | 581.40 |
Net debt | - 403.51 | - 529.62 | - 419.90 | - 318.60 | - 539.47 |
Profitability | |||||
EBIT-% | 2.2 % | 0.9 % | 5.0 % | ||
ROA | 12.4 % | 24.2 % | 12.3 % | 3.6 % | 18.5 % |
ROE | 15.8 % | 34.9 % | 16.9 % | 3.9 % | 26.6 % |
ROI | 20.5 % | 43.9 % | 21.2 % | 5.4 % | 31.1 % |
Economic value added (EVA) | 49.26 | 102.19 | 63.63 | 20.01 | 75.32 |
Solvency | |||||
Equity ratio | 59.1 % | 59.9 % | 62.0 % | 60.8 % | 71.9 % |
Gearing | 4.8 % | 4.8 % | 18.0 % | 4.5 % | |
Relative net indebtedness % | -9.0 % | -11.6 % | -15.1 % | ||
Liquidity | |||||
Quick ratio | 2.5 | 2.9 | 2.7 | 2.6 | 5.0 |
Current ratio | 2.3 | 2.0 | 2.5 | 2.4 | 2.0 |
Cash and cash equivalents | 403.51 | 543.04 | 433.05 | 359.26 | 552.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.5 | 4.1 | 3.7 | ||
Net working capital % | 9.6 % | 13.1 % | 16.7 % | ||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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