TUNE AUTO ApS — Credit Rating and Financial Key Figures

CVR number: 27914896
Industrihegnet 14, Tune 4030 Tune
tel: 46138963

Credit rating

Company information

Official name
TUNE AUTO ApS
Personnel
1 person
Established
2004
Domicile
Tune
Company form
Private limited company
Industry

About TUNE AUTO ApS

TUNE AUTO ApS (CVR number: 27914896) is a company from GREVE. The company recorded a gross profit of 855.1 kDKK in 2024. The operating profit was 501.7 kDKK, while net earnings were 386.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.9 %, which can be considered excellent and Return on Equity (ROE) was 75.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.6 %, 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. TUNE AUTO ApS's liquidity measured by quick ratio was 1.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit562.24598.46577.44677.22855.10
EBIT212.47264.99230.50320.60501.66
Net earnings150.82185.23145.43238.15386.35
Shareholders equity total340.26375.49340.92439.07585.41
Balance sheet total (assets)1 260.641 431.431 044.951 184.361 311.22
Net debt- 412.20- 450.32- 357.91- 638.71- 635.27
Profitability
EBIT-%
ROA17.3 %19.7 %18.6 %28.9 %40.9 %
ROE31.4 %51.8 %40.6 %61.1 %75.4 %
ROI23.3 %25.2 %23.9 %41.5 %58.0 %
Economic value added (EVA)123.55160.28113.49209.20353.18
Solvency
Equity ratio27.0 %26.2 %32.6 %37.1 %44.6 %
Gearing185.1 %201.4 %133.5 %72.2 %71.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.21.31.41.6
Current ratio1.21.21.31.41.6
Cash and cash equivalents1 042.121 206.61813.16955.871 052.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:40.9%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.6%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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