TINACO HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27243002
Tjørnevej 64, 7442 Engesvang
tina.j.skov@gmail.com

Credit rating

Company information

Official name
TINACO HOLDING ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry

About TINACO HOLDING ApS

TINACO HOLDING ApS (CVR number: 27243002) is a company from IKAST-BRANDE. The company recorded a gross profit of -97.7 kDKK in 2023. The operating profit was -197.7 kDKK, while net earnings were 1900.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent and Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TINACO HOLDING ApS's liquidity measured by quick ratio was 411.5 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-22.01-24.54-48.00-98.13-97.72
EBIT- 122.01- 124.54- 148.00- 198.13- 197.72
Net earnings2 112.60686.892 279.72-2 348.581 900.76
Shareholders equity total25 588.4525 375.3427 155.0624 306.4825 707.24
Balance sheet total (assets)25 651.0825 437.9727 217.6924 369.1125 769.87
Net debt-25 566.58-25 427.32-26 747.49-24 148.73-25 542.03
Profitability
EBIT-%
ROA10.8 %3.7 %11.2 %3.3 %7.6 %
ROE8.4 %2.7 %8.7 %-9.1 %7.6 %
ROI10.8 %3.7 %11.3 %3.3 %7.6 %
Economic value added (EVA)- 125.85-96.63- 113.65- 218.81- 204.51
Solvency
Equity ratio99.8 %99.8 %99.8 %99.7 %99.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio409.6406.2434.6389.1411.5
Current ratio409.6406.2434.6389.1411.5
Cash and cash equivalents25 566.5825 427.3226 747.4924 148.7325 542.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:7.63%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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