IB HOLDING, TINGLEV ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IB HOLDING, TINGLEV ApS
IB HOLDING, TINGLEV ApS (CVR number: 26665035) is a company from AABENRAA. The company recorded a gross profit of -7 kDKK in 2023. The operating profit was -7 kDKK, while net earnings were 40.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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. IB HOLDING, TINGLEV ApS's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.50 | -6.96 | |||
EBIT | -2.50 | -6.96 | |||
Net earnings | 33.36 | 351.09 | 422.85 | 157.95 | 40.11 |
Shareholders equity total | 956.52 | 1 197.02 | 1 506.87 | 1 133.22 | 1 051.33 |
Balance sheet total (assets) | 983.85 | 1 266.68 | 1 700.76 | 1 337.97 | 1 371.67 |
Net debt | -81.50 | - 116.57 | - 260.44 | -45.71 | 175.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.5 % | 32.3 % | 28.6 % | 11.1 % | 3.1 % |
ROE | 3.6 % | 32.6 % | 31.3 % | 12.0 % | 3.7 % |
ROI | 3.6 % | 33.7 % | 31.4 % | 12.7 % | 3.5 % |
Economic value added (EVA) | 5.19 | 8.95 | 25.09 | 36.83 | -5.07 |
Solvency | |||||
Equity ratio | 97.2 % | 94.5 % | 88.6 % | 84.7 % | 76.6 % |
Gearing | 24.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 13.1 | 4.0 | 2.5 | 2.3 | 1.4 |
Current ratio | 13.1 | 4.0 | 2.5 | 2.3 | 1.4 |
Cash and cash equivalents | 81.50 | 116.57 | 260.44 | 45.71 | 76.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | AA | A |
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