Tang Biler Nybovej 25 A/S — Credit Rating and Financial Key Figures

CVR number: 37205923
Nybovej 25, 7500 Holstebro

Company information

Official name
Tang Biler Nybovej 25 A/S
Personnel
13 persons
Established
2015
Company form
Limited company
Industry

About Tang Biler Nybovej 25 A/S

Tang Biler Nybovej 25 A/S (CVR number: 37205923) is a company from HOLSTEBRO. The company recorded a gross profit of 9805.8 kDKK in 2023. The operating profit was 4992.8 kDKK, while net earnings were 3488.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.5 %, which can be considered excellent and Return on Equity (ROE) was 39.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.2 %, 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. Tang Biler Nybovej 25 A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit4 493.154 969.835 751.219 407.929 805.76
EBIT2 223.472 904.643 774.585 029.604 992.84
Net earnings1 557.922 129.172 658.983 652.283 488.72
Shareholders equity total6 666.067 245.237 784.218 836.498 725.21
Balance sheet total (assets)9 383.1711 162.2011 014.0815 256.6716 486.12
Net debt-1 220.66-2 619.11-1 158.09- 397.734 067.91
Profitability
EBIT-%
ROA23.6 %28.3 %34.1 %38.3 %31.5 %
ROE23.0 %30.6 %35.4 %43.9 %39.7 %
ROI32.6 %41.5 %50.1 %60.0 %45.8 %
Economic value added (EVA)1 472.541 991.912 711.643 591.463 465.19
Solvency
Equity ratio73.4 %74.9 %72.6 %58.2 %53.2 %
Gearing0.0 %0.2 %46.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.01.21.21.0
Current ratio3.32.83.22.22.0
Cash and cash equivalents1 220.662 619.111 160.42414.768.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:31.5%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.2%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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