TUB-EX ApS — Credit Rating and Financial Key Figures

CVR number: 10847176
Industrivej 10, 9830 Tårs
APGLarsen@gmail.com
tel: 98961122

Credit rating

Company information

Official name
TUB-EX ApS
Personnel
9 persons
Established
1987
Company form
Private limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About TUB-EX ApS

TUB-EX ApS (CVR number: 10847176) is a company from HJØRRING. The company recorded a gross profit of 5148.6 kDKK in 2023. The operating profit was 1484.2 kDKK, while net earnings were 1051.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.8 %, which can be considered excellent and Return on Equity (ROE) was 23.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.4 %, 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. TUB-EX ApS's liquidity measured by quick ratio was 0.6 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 profit6 090.167 671.785 253.045 048.505 148.64
EBIT2 226.953 122.18927.591 105.421 484.25
Net earnings1 746.012 005.47577.03324.481 051.18
Shareholders equity total4 633.575 314.244 554.774 492.244 454.78
Balance sheet total (assets)8 705.298 406.797 971.416 509.917 811.68
Net debt1 223.39947.482 435.63849.831 787.42
Profitability
EBIT-%
ROA27.9 %32.3 %11.9 %15.3 %20.8 %
ROE37.4 %40.3 %11.7 %7.2 %23.5 %
ROI35.5 %42.8 %14.0 %16.9 %23.3 %
Economic value added (EVA)1 499.652 210.90421.94600.88894.98
Solvency
Equity ratio53.2 %63.2 %57.1 %69.0 %57.4 %
Gearing26.4 %21.0 %53.5 %22.2 %47.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.00.60.80.6
Current ratio1.61.91.62.21.4
Cash and cash equivalents168.260.38149.10317.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:20.8%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.4%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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