TIPPY - ASX 684 A/S — Credit Rating and Financial Key Figures

CVR number: 83319828
Guitarvej 3, 4200 Slagelse

Credit rating

Company information

Official name
TIPPY - ASX 684 A/S
Personnel
2 persons
Established
1977
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About TIPPY - ASX 684 A/S

TIPPY - ASX 684 A/S (CVR number: 83319828) is a company from SLAGELSE. The company recorded a gross profit of 849.8 kDKK in 2023. The operating profit was -373.6 kDKK, while net earnings were 496.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TIPPY - ASX 684 A/S's liquidity measured by quick ratio was 25.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 090.00803.33993.44842.61849.75
EBIT102.001 517.36386.44-1 564.30- 373.62
Net earnings3 338.003 078.182 758.09634.20496.26
Shareholders equity total57 039.0060 117.6862 875.7762 009.9754 406.24
Balance sheet total (assets)68 667.0070 111.6970 997.9269 651.4961 349.73
Net debt7 944.005 917.993 260.115 400.824 419.73
Profitability
EBIT-%
ROA3.7 %5.8 %4.7 %1.2 %1.6 %
ROE5.9 %5.3 %4.5 %1.0 %0.9 %
ROI3.8 %5.9 %4.8 %1.2 %1.6 %
Economic value added (EVA)-2 140.44- 693.79-1 680.18-4 075.15-2 164.21
Solvency
Equity ratio83.1 %85.7 %88.6 %89.0 %88.7 %
Gearing16.0 %11.1 %9.5 %9.3 %8.9 %
Relative net indebtedness %
Liquidity
Quick ratio7.28.926.921.925.3
Current ratio9.68.926.921.925.3
Cash and cash equivalents1 164.00746.722 688.43363.47416.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:1.58%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.7%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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