Tingvej 7,2 th, 8800 Viborg ApS — Credit Rating and Financial Key Figures

CVR number: 35826416
Nørregade 15, 9632 Møldrup

Company information

Official name
Tingvej 7,2 th, 8800 Viborg ApS
Established
2014
Company form
Private limited company
Industry

About Tingvej 7,2 th, 8800 Viborg ApS

Tingvej 7,2 th, 8800 Viborg ApS (CVR number: 35826416) is a company from VIBORG. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 3.5 % compared to the previous year. The operating profit percentage was at 84.4 % (EBIT: 0.2 mDKK), while net earnings were 188.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.6 %, 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. Tingvej 7,2 th, 8800 Viborg ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales280.00284.00177.48264.00273.19
Gross profit256.00262.00152.56230.00255.70
EBIT256.00262.00- 367.76199.00230.58
Net earnings201.00206.00- 397.30179.00188.45
Shareholders equity total3 051.003 257.002 859.693 039.003 226.85
Balance sheet total (assets)4 808.004 832.004 340.934 325.004 326.19
Net debt1 576.001 340.001 257.27924.00758.66
Profitability
EBIT-%91.4 %92.3 %-207.2 %75.4 %84.4 %
ROA5.3 %5.4 %-8.0 %4.6 %5.7 %
ROE6.8 %6.5 %-13.0 %6.1 %6.0 %
ROI5.4 %5.5 %-8.3 %4.8 %5.9 %
Economic value added (EVA)-6.91-2.31- 603.34-6.4030.39
Solvency
Equity ratio63.5 %67.5 %65.9 %70.3 %74.6 %
Gearing54.7 %45.2 %44.7 %35.7 %29.8 %
Relative net indebtedness %594.6 %507.7 %822.5 %426.5 %327.9 %
Liquidity
Quick ratio0.40.50.40.41.0
Current ratio0.40.40.40.41.0
Cash and cash equivalents92.00133.0021.48160.00203.50
Capital use efficiency
Trade debtors turnover (days)13.0288.723.5
Net working capital %-63.2 %-58.5 %-126.4 %-82.6 %-3.2 %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:5.69%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.6%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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