TIDSELBAK FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 15704241
Perikumvej 15, 9440 Aabybro
birgittetidselbak@hotmail.com
tel: 20969383

Credit rating

Company information

Official name
TIDSELBAK FINANS ApS
Personnel
1 person
Established
1991
Company form
Private limited company
Industry

About TIDSELBAK FINANS ApS

TIDSELBAK FINANS ApS (CVR number: 15704241) is a company from JAMMERBUGT. The company recorded a gross profit of -21.3 kDKK in 2023. The operating profit was -207.6 kDKK, while net earnings were 267.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TIDSELBAK FINANS ApS's liquidity measured by quick ratio was 9.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-24.82-28.91-30.29-26.79-21.32
EBIT- 210.97- 231.72- 239.23- 213.07- 207.60
Net earnings973.36- 256.19277.16-1 440.99267.58
Shareholders equity total15 878.3513 122.1610 399.328 258.336 525.92
Balance sheet total (assets)16 792.4213 496.4510 917.809 522.017 259.14
Net debt-15 016.97-13 042.92-10 436.01-8 228.42-6 555.09
Profitability
EBIT-%
ROA5.8 %2.0 %2.4 %0.4 %4.0 %
ROE6.0 %-1.8 %2.4 %-15.4 %3.6 %
ROI5.8 %2.0 %2.4 %0.4 %4.0 %
Economic value added (EVA)- 175.71- 230.30- 219.68- 187.02- 146.85
Solvency
Equity ratio94.6 %97.2 %95.3 %86.7 %89.9 %
Gearing5.6 %2.6 %4.6 %15.0 %10.8 %
Relative net indebtedness %
Liquidity
Quick ratio17.436.121.17.59.9
Current ratio17.436.121.17.59.9
Cash and cash equivalents15 906.5613 382.0610 917.809 467.187 259.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:3.99%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.9%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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