Tiara Resource Holdings ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tiara Resource Holdings ApS
Tiara Resource Holdings ApS (CVR number: 40192077) is a company from KØBENHAVN. The company recorded a gross profit of -5 kDKK in 2024. The operating profit was -5 kDKK, while net earnings were -5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -24.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tiara Resource Holdings ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3.36 | -5.00 | -8.85 | -5.00 | -5.00 |
EBIT | 3.36 | -5.00 | -8.85 | -5.00 | -5.00 |
Net earnings | 0.36 | -5.00 | -8.85 | -5.00 | -5.00 |
Shareholders equity total | 41.74 | 36.74 | 27.89 | 22.89 | 17.89 |
Balance sheet total (assets) | 51.74 | 51.74 | 51.74 | 51.74 | 51.74 |
Net debt | -7.07 | -7.07 | -7.07 | -7.07 | -7.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.8 % | -9.7 % | -17.1 % | -9.7 % | -9.7 % |
ROE | 0.9 % | -12.7 % | -27.4 % | -19.7 % | -24.5 % |
ROI | 8.1 % | -12.7 % | -27.4 % | -19.7 % | -24.5 % |
Economic value added (EVA) | 1.28 | -7.10 | -10.69 | -6.40 | -6.15 |
Solvency | |||||
Equity ratio | 80.7 % | 71.0 % | 53.9 % | 44.2 % | 34.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.2 | 3.4 | 2.2 | 1.8 | 1.5 |
Current ratio | 5.2 | 3.4 | 2.2 | 1.8 | 1.5 |
Cash and cash equivalents | 7.07 | 7.07 | 7.07 | 7.07 | 7.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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