ApS TIETGENS PLADS 1 OG 3. ÅRHUS — Credit Rating and Financial Key Figures

CVR number: 56422218
Dalgårdsvej 14, 8220 Brabrand

Company information

Official name
ApS TIETGENS PLADS 1 OG 3. ÅRHUS
Personnel
1 person
Established
1976
Company form
Private limited company
Industry

About ApS TIETGENS PLADS 1 OG 3. ÅRHUS

ApS TIETGENS PLADS 1 OG 3. ÅRHUS (CVR number: 56422218) is a company from AARHUS. The company recorded a gross profit of 5385.1 kDKK in 2023. The operating profit was 4353.1 kDKK, while net earnings were 1949 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ApS TIETGENS PLADS 1 OG 3. ÅRHUS's liquidity measured by quick ratio was 10.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 144.033 094.504 587.355 291.035 385.11
EBIT2 055.881 990.703 516.163 964.134 353.12
Net earnings813.22659.211 798.652 169.321 948.96
Shareholders equity total2 871.033 530.245 328.897 498.219 447.16
Balance sheet total (assets)41 488.2643 695.2644 082.9747 367.5953 003.15
Net debt27 219.7329 736.8524 569.9621 985.3820 130.63
Profitability
EBIT-%
ROA5.5 %5.0 %8.1 %8.8 %9.3 %
ROE33.0 %20.6 %40.6 %33.8 %23.0 %
ROI5.9 %5.4 %8.7 %9.5 %10.0 %
Economic value added (EVA)1 361.181 353.282 443.132 870.713 242.21
Solvency
Equity ratio6.9 %8.1 %12.1 %15.8 %17.8 %
Gearing1223.6 %1028.3 %647.6 %470.1 %413.0 %
Relative net indebtedness %
Liquidity
Quick ratio5.33.87.58.110.6
Current ratio5.33.87.58.110.6
Cash and cash equivalents7 910.736 565.589 937.5613 264.2218 885.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:9.27%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.8%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board

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