TIAN Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TIAN Holding ApS
TIAN Holding ApS (CVR number: 37047961) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of -6.4 kDKK in 2023. The operating profit was -6.4 kDKK, while net earnings were 194.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent and Return on Equity (ROE) was 30.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TIAN Holding ApS's liquidity measured by quick ratio was 1.1 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 | 45.45 | 44.50 | -5.70 | -6.17 | -6.42 |
EBIT | 45.45 | 44.50 | -5.70 | -6.17 | -6.42 |
Net earnings | 15.23 | 14.36 | 224.23 | 187.94 | 194.30 |
Shareholders equity total | 113.17 | 127.54 | 351.77 | 539.71 | 734.01 |
Balance sheet total (assets) | 386.07 | 429.01 | 1 284.67 | 1 202.47 | 1 228.36 |
Net debt | 257.65 | 214.96 | 301.01 | 171.48 | 285.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.1 % | 10.9 % | 27.9 % | 17.1 % | 17.2 % |
ROE | 14.4 % | 11.9 % | 93.6 % | 42.2 % | 30.5 % |
ROI | 12.0 % | 12.1 % | 37.2 % | 23.6 % | 22.2 % |
Economic value added (EVA) | 34.47 | 34.17 | -3.26 | 11.02 | 10.27 |
Solvency | |||||
Equity ratio | 29.3 % | 29.7 % | 27.4 % | 44.9 % | 59.8 % |
Gearing | 241.1 % | 174.1 % | 87.2 % | 59.4 % | 38.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.8 | 0.9 | 1.0 | 1.1 |
Current ratio | 1.0 | 0.8 | 0.9 | 1.0 | 1.1 |
Cash and cash equivalents | 15.25 | 7.14 | 5.84 | 149.21 | 0.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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