Tabs Trade ApS — Credit Rating and Financial Key Figures

CVR number: 33587120
Sdr. Boulevard 46 C, 5000 Odense C

Company information

Official name
Tabs Trade ApS
Established
2011
Company form
Private limited company
Industry

About Tabs Trade ApS

Tabs Trade ApS (CVR number: 33587120) is a company from ODENSE. The company reported a net sales of 0.8 mDKK in 2022, demonstrating a growth of 70 % compared to the previous year. The operating profit percentage was at 119.9 % (EBIT: 1 mDKK), while net earnings were 1310.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Tabs Trade ApS's liquidity measured by quick ratio was 55.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales838.87838.873 669.30477.39811.52
Gross profit1 043.121 043.123 902.45679.481 038.42
EBIT881.70881.703 759.98601.48972.72
Net earnings1 035.591 035.593 713.96103.171 310.38
Shareholders equity total11 037.1511 037.1514 640.5117 204.8518 397.43
Balance sheet total (assets)12 468.7912 475.3614 813.0017 968.6519 037.88
Net debt-2 963.49-2 963.49-2 496.71-4 630.13-5 644.84
Profitability
EBIT-%105.1 %105.1 %102.5 %126.0 %119.9 %
ROA10.0 %8.8 %27.8 %3.9 %7.4 %
ROE10.1 %9.4 %28.9 %0.6 %7.4 %
ROI10.7 %9.9 %29.5 %4.0 %7.7 %
Economic value added (EVA)713.85860.423 597.20602.60919.51
Solvency
Equity ratio88.5 %88.5 %98.8 %95.7 %96.6 %
Gearing
Relative net indebtedness %-182.6 %-181.8 %-63.9 %-809.9 %-616.7 %
Liquidity
Quick ratio2.22.217.26.855.8
Current ratio2.22.217.26.855.8
Cash and cash equivalents2 963.492 963.492 496.714 630.135 644.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-95.0 %-90.9 %2.6 %-23.2 %241.8 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:7.42%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.6%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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