Tingvej 7,2 th, 8800 Viborg ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 2024, demonstrating a growth of 1 % compared to the previous year. The operating profit percentage was at 106.2 % (EBIT: 0.3 mDKK), while net earnings were 248.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77 %, 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 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 284.00 | 177.48 | 264.00 | 273.00 | 275.60 |
| Gross profit | 262.00 | 152.56 | 230.00 | 255.00 | 248.35 |
| EBIT | 262.00 | - 367.76 | 199.00 | 230.00 | 292.61 |
| Net earnings | 206.00 | - 397.30 | 179.00 | 188.00 | 248.81 |
| Shareholders equity total | 3 257.00 | 2 859.69 | 3 039.00 | 3 226.00 | 3 475.66 |
| Balance sheet total (assets) | 4 832.00 | 4 340.93 | 4 325.00 | 4 325.00 | 4 515.29 |
| Net debt | 1 340.00 | 1 257.27 | 924.00 | 759.00 | 525.43 |
| Profitability | |||||
| EBIT-% | 92.3 % | -207.2 % | 75.4 % | 84.2 % | 106.2 % |
| ROA | 5.4 % | -8.0 % | 4.6 % | 5.7 % | 6.6 % |
| ROE | 6.5 % | -13.0 % | 6.1 % | 6.0 % | 7.4 % |
| ROI | 5.5 % | -8.3 % | 4.8 % | 5.9 % | 6.9 % |
| Economic value added (EVA) | -16.84 | - 619.92 | -17.47 | 11.20 | 74.08 |
| Solvency | |||||
| Equity ratio | 67.5 % | 65.9 % | 70.3 % | 74.6 % | 77.0 % |
| Gearing | 45.2 % | 44.7 % | 35.7 % | 29.8 % | 25.1 % |
| Relative net indebtedness % | 507.7 % | 822.5 % | 426.5 % | 328.2 % | 250.8 % |
| Liquidity | |||||
| Quick ratio | 0.5 | 0.4 | 0.4 | 1.0 | 1.4 |
| Current ratio | 0.4 | 0.4 | 0.4 | 1.0 | 1.4 |
| Cash and cash equivalents | 133.00 | 21.48 | 160.00 | 203.00 | 348.33 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 288.7 | 23.5 | |||
| Net working capital % | -58.5 % | -126.4 % | -82.6 % | -3.3 % | 34.3 % |
| Credit risk | |||||
| Credit rating | A | BBB | A | A | A |
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