Tidens Tømrer Aarhus ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tidens Tømrer Aarhus ApS
Tidens Tømrer Aarhus ApS (CVR number: 38157736) is a company from AARHUS. The company recorded a gross profit of 1114.4 kDKK in 2024. The operating profit was -137.3 kDKK, while net earnings were -171 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10 %, which can be considered poor and Return on Equity (ROE) was -59.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.3 %, 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. Tidens Tømrer Aarhus 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 606.66 | 1 367.77 | 1 510.75 | 1 295.48 | 1 114.44 |
EBIT | - 422.73 | 269.69 | 339.68 | 83.59 | - 137.31 |
Net earnings | - 362.32 | 221.81 | 259.34 | 43.17 | - 170.98 |
Shareholders equity total | 46.85 | 268.65 | 527.99 | 371.17 | 200.19 |
Balance sheet total (assets) | 717.58 | 1 241.31 | 1 223.20 | 1 666.48 | 941.14 |
Net debt | 61.17 | -22.84 | - 549.02 | 643.81 | 283.99 |
Profitability | |||||
EBIT-% | |||||
ROA | -42.3 % | 28.8 % | 28.6 % | 6.3 % | -10.0 % |
ROE | -158.9 % | 140.6 % | 65.1 % | 9.6 % | -59.9 % |
ROI | -68.4 % | 68.7 % | 54.3 % | 9.9 % | -15.6 % |
Economic value added (EVA) | - 362.16 | 227.41 | 259.57 | 79.71 | - 155.97 |
Solvency | |||||
Equity ratio | 6.5 % | 21.6 % | 43.2 % | 22.3 % | 21.3 % |
Gearing | 435.3 % | 76.2 % | 38.4 % | 173.5 % | 204.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.3 | 1.8 | 1.3 | 1.1 |
Current ratio | 0.9 | 1.3 | 1.8 | 1.3 | 1.1 |
Cash and cash equivalents | 142.75 | 227.65 | 751.91 | 126.18 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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