C.F. Tietgens Boulevard 20 ApS — Credit Rating and Financial Key Figures

CVR number: 38780638
C.F. Tietgens Boulevard 20, Fraugde 5220 Odense SØ

Company information

Official name
C.F. Tietgens Boulevard 20 ApS
Established
2017
Domicile
Fraugde
Company form
Private limited company
Industry

About C.F. Tietgens Boulevard 20 ApS

C.F. Tietgens Boulevard 20 ApS (CVR number: 38780638) is a company from ODENSE. The company recorded a gross profit of 3908.9 kDKK in 2024. The operating profit was 2687.7 kDKK, while net earnings were 924.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 20.9 %, 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. C.F. Tietgens Boulevard 20 ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 181.433 455.703 583.003 491.553 908.86
EBIT2 039.242 234.492 362.002 270.332 687.65
Net earnings888.211 238.113 618.00645.11924.32
Shareholders equity total4 976.096 214.199 832.008 476.969 401.28
Balance sheet total (assets)49 338.1648 528.0649 142.0045 522.4244 981.86
Net debt40 709.5337 166.5931 834.0033 199.9430 746.46
Profitability
EBIT-%
ROA4.0 %4.6 %11.1 %4.8 %5.9 %
ROE19.6 %22.1 %45.1 %7.0 %10.3 %
ROI4.3 %4.8 %11.8 %5.1 %6.2 %
Economic value added (EVA)172.17- 231.43326.23- 259.7586.23
Solvency
Equity ratio10.1 %12.8 %20.0 %18.6 %20.9 %
Gearing818.1 %609.9 %347.0 %391.6 %336.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.50.00.3
Current ratio0.00.00.50.00.3
Cash and cash equivalents735.922 282.00843.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.95%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.9%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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