TB2018 ApS — Credit Rating and Financial Key Figures

CVR number: 39441608
Tudsvad 2, Bottrup 8723 Løsning

Company information

Official name
TB2018 ApS
Established
2018
Domicile
Bottrup
Company form
Private limited company
Industry

About TB2018 ApS

TB2018 ApS (CVR number: 39441608) is a company from HEDENSTED. The company reported a net sales of 0.2 mDKK in 2024, demonstrating a growth of 88.5 % compared to the previous year. The operating profit percentage was at 749.9 % (EBIT: 1.5 mDKK), while net earnings were 1282.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34 %, which can be considered excellent and Return on Equity (ROE) was 38.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.4 %, 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. TB2018 ApS's liquidity measured by quick ratio was 1.7 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales433.40323.751 157.07107.50202.61
Gross profit423.53358.221 265.05369.171 616.90
EBIT411.97334.521 240.80308.991 519.37
Net earnings414.16314.511 195.73184.241 282.07
Shareholders equity total1 593.221 814.152 937.472 803.043 862.07
Balance sheet total (assets)2 491.062 932.633 934.524 891.685 124.21
Net debt237.39836.97810.26410.65-1 835.51
Profitability
EBIT-%95.1 %103.3 %107.2 %287.4 %749.9 %
ROA21.1 %12.3 %36.1 %7.0 %34.0 %
ROE28.7 %18.5 %50.3 %6.4 %38.5 %
ROI25.0 %14.0 %36.4 %8.0 %43.9 %
Economic value added (EVA)346.34241.601 082.2972.161 046.13
Solvency
Equity ratio64.0 %61.9 %74.7 %57.4 %75.4 %
Gearing17.9 %60.2 %33.2 %33.6 %0.0 %
Relative net indebtedness %196.0 %266.9 %71.8 %1449.2 %-283.5 %
Liquidity
Quick ratio0.11.72.90.71.7
Current ratio0.11.72.90.71.7
Cash and cash equivalents48.50254.48166.36530.691 836.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-194.7 %32.4 %9.4 %-266.9 %417.4 %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:34.0%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.4%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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