TINGVEJ 12B ApS — Credit Rating and Financial Key Figures

CVR number: 26780594
Bülowsgade 32, 8000 Aarhus C
tel: 41884820

Credit rating

Company information

Official name
TINGVEJ 12B ApS
Established
2002
Company form
Private limited company
Industry

About TINGVEJ 12B ApS

TINGVEJ 12B ApS (CVR number: 26780594) is a company from AARHUS. The company recorded a gross profit of 104 kDKK in 2024. The operating profit was 90.3 kDKK, while net earnings were 66.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TINGVEJ 12B ApS's liquidity measured by quick ratio was 2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit88.9496.2899.5591.71103.97
EBIT75.2782.5785.8478.0090.26
Net earnings91.2254.6959.0355.1266.09
Shareholders equity total523.21577.90636.93692.05758.15
Balance sheet total (assets)1 631.241 527.061 522.391 546.761 593.88
Net debt881.08795.98732.47643.81628.58
Profitability
EBIT-%
ROA5.2 %5.3 %5.6 %5.2 %6.0 %
ROE19.1 %9.9 %9.7 %8.3 %9.1 %
ROI5.3 %5.4 %5.7 %5.3 %6.1 %
Economic value added (EVA)54.333.861.95-5.784.95
Solvency
Equity ratio32.1 %37.8 %41.8 %44.7 %47.6 %
Gearing189.0 %142.2 %115.8 %100.3 %85.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.20.51.12.0
Current ratio0.50.30.51.12.0
Cash and cash equivalents107.7825.865.1950.1021.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.98%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.6%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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