TBC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TBC A/S
TBC A/S (CVR number: 13906793) is a company from RUDERSDAL. The company recorded a gross profit of 40.3 kDKK in 2023. The operating profit was -476.5 kDKK, while net earnings were 3410 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.5 %, 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. TBC A/S's liquidity measured by quick ratio was 3.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 37.00 | 3 652.00 | - 569.00 | 485.00 | 40.26 |
EBIT | - 131.00 | 3 484.00 | - 737.00 | - 339.00 | - 476.52 |
Net earnings | 5 327.00 | 14 061.00 | -5 142.00 | 768.00 | 3 409.96 |
Shareholders equity total | 61 501.00 | 75 563.00 | 70 421.00 | 71 189.00 | 74 599.78 |
Balance sheet total (assets) | 98 981.00 | 108 937.00 | 99 934.00 | 97 680.00 | 94 992.47 |
Net debt | -41 060.00 | -14 085.00 | -9 476.00 | 8 812.00 | 6 514.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.8 % | 21.1 % | 4.9 % | 10.8 % | 6.3 % |
ROE | 9.1 % | 20.5 % | -7.0 % | 1.1 % | 4.7 % |
ROI | 9.8 % | 17.3 % | 1.0 % | 6.5 % | 6.3 % |
Economic value added (EVA) | 406.33 | 3 507.93 | -2 251.63 | -1 878.08 | -2 861.97 |
Solvency | |||||
Equity ratio | 62.1 % | 69.4 % | 70.5 % | 72.9 % | 78.5 % |
Gearing | 50.8 % | 39.2 % | 37.7 % | 37.0 % | 27.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 2.9 | 2.5 | 4.2 | 3.8 |
Current ratio | 2.2 | 2.9 | 2.5 | 4.2 | 3.8 |
Cash and cash equivalents | 72 294.00 | 43 690.00 | 36 051.00 | 17 494.00 | 13 604.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | AA | AA |
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