TIGAS ApS — Credit Rating and Financial Key Figures

CVR number: 42370169
Lyskær 3 C, 2730 Herlev
jd@tigas.dk
tel: 20154640
www.tigas.eu
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Company information

Official name
TIGAS ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry

About TIGAS ApS

TIGAS ApS (CVR number: 42370169) is a company from HERLEV. The company reported a net sales of 0.4 mDKK in 2024, demonstrating a decline of -33.9 % compared to the previous year. The operating profit percentage was at 47.4 % (EBIT: 0.2 mDKK), while net earnings were 131.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 75.2 %, which can be considered excellent and Return on Equity (ROE) was 90.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TIGAS ApS's liquidity measured by quick ratio was 4.6 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
2021
2022
2023
2024
Volume
Net sales307.01182.25535.67354.19
Gross profit64.95102.61209.81186.91
EBIT64.95-74.68209.81167.96
Net earnings41.35-62.55160.40131.61
Shareholders equity total81.3518.8079.20210.80
Balance sheet total (assets)114.3340.31177.27269.53
Net debt-76.63-11.3557.685.81
Profitability
EBIT-%21.2 %-41.0 %39.2 %47.4 %
ROA56.8 %-96.6 %192.9 %75.2 %
ROE50.8 %-124.9 %327.3 %90.8 %
ROI56.8 %-101.4 %231.0 %86.9 %
Economic value added (EVA)43.58-66.14159.52125.49
Solvency
Equity ratio71.2 %46.6 %44.7 %78.2 %
Gearing40.5 %75.3 %87.7 %12.9 %
Relative net indebtedness %-25.0 %-2.2 %16.1 %10.6 %
Liquidity
Quick ratio3.51.91.84.6
Current ratio3.51.91.84.6
Cash and cash equivalents109.6025.5111.7921.30
Capital use efficiency
Trade debtors turnover (days)92.9
Net working capital %26.5 %10.3 %14.8 %59.5 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:75.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.2%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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