Tirsbæk Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 39347326
Tirsbækvej 13 A, 7120 Vejle Øst

Company information

Official name
Tirsbæk Ejendomme ApS
Established
2018
Company form
Private limited company
Industry

About Tirsbæk Ejendomme ApS

Tirsbæk Ejendomme ApS (CVR number: 39347326) is a company from VEJLE. The company recorded a gross profit of 223.7 kDKK in 2023. The operating profit was 223.7 kDKK, while net earnings were 56.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 10.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Tirsbæk Ejendomme ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-61.49205.65270.87298.68223.71
EBIT356.09205.65270.87298.68223.71
Net earnings214.3857.67126.37169.3856.73
Shareholders equity total277.70335.37461.74631.12687.85
Balance sheet total (assets)4 518.595 492.625 295.026 348.416 368.08
Net debt2 985.173 535.774 153.654 430.994 851.00
Profitability
EBIT-%
ROA12.4 %4.1 %5.0 %5.1 %3.5 %
ROE125.7 %18.8 %31.7 %31.0 %8.6 %
ROI14.6 %5.0 %5.5 %5.2 %3.6 %
Economic value added (EVA)276.90170.13118.3757.2315.97
Solvency
Equity ratio6.1 %6.1 %8.7 %9.9 %10.8 %
Gearing1191.6 %1216.4 %996.2 %870.4 %796.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.50.60.5
Current ratio0.10.20.50.60.5
Cash and cash equivalents323.83543.53446.181 062.21628.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:3.52%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.8%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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