TIBNOR A/S — Credit Rating and Financial Key Figures

TIBNOR A/S (CVR number: 18234114) is a company from ODENSE. The company reported a net sales of 2135.1 mDKK in 2024, demonstrating a decline of -3.6 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 35.7 mDKK), while net earnings were 9737 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.3 %, 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. TIBNOR A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.