TUB-EX ApS — Credit Rating and Financial Key Figures

CVR number: 10847176
Industrivej 10, 9830 Tårs
Info@tub-ex.com
tel: 98961122
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Company information

Official name
TUB-EX ApS
Personnel
9 persons
Established
1987
Company form
Private limited company
Industry

About TUB-EX ApS

TUB-EX ApS (CVR number: 10847176) is a company from HJØRRING. The company recorded a gross profit of 5501.3 kDKK in 2024. The operating profit was 1526.5 kDKK, while net earnings were 1056.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent and Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.9 %, 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 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit7 671.785 253.045 048.505 148.645 501.30
EBIT3 122.18927.591 105.421 484.251 526.53
Net earnings2 005.47577.03324.481 051.181 056.40
Shareholders equity total5 314.244 554.774 492.244 454.784 415.35
Balance sheet total (assets)8 406.797 971.416 509.917 811.687 894.94
Net debt947.482 435.63849.831 787.421 653.40
Profitability
EBIT-%
ROA32.3 %11.9 %15.3 %20.8 %19.5 %
ROE40.3 %11.7 %7.2 %23.5 %23.8 %
ROI42.8 %14.0 %16.9 %23.3 %22.3 %
Economic value added (EVA)2 107.66347.74458.52847.25815.16
Solvency
Equity ratio63.2 %57.1 %69.0 %57.4 %55.9 %
Gearing21.0 %53.5 %22.2 %47.3 %43.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.60.80.61.2
Current ratio1.91.62.21.42.9
Cash and cash equivalents168.260.38149.10317.76268.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:19.5%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.9%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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