Tinvej 7 ApS — Credit Rating and Financial Key Figures

CVR number: 40860002
August Bournonvilles Passage 1, 1055 København K

Company information

Official name
Tinvej 7 ApS
Established
2019
Company form
Private limited company
Industry

About Tinvej 7 ApS

Tinvej 7 ApS (CVR number: 40860002) is a company from KØBENHAVN. The company recorded a gross profit of 3974.5 kDKK in 2023. The operating profit was 3488.9 kDKK, while net earnings were 2370.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 62.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.4 %, 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. Tinvej 7 ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit1 197.372 303.322 254.523 974.55
EBIT783.861 876.711 806.223 488.86
Net earnings205.951 209.521 133.722 370.08
Shareholders equity total245.951 455.472 589.194 959.26
Balance sheet total (assets)23 147.2124 634.8525 115.1423 214.88
Net debt11 718.4517 723.1015 952.6715 836.73
Profitability
EBIT-%
ROA3.4 %8.7 %7.3 %14.4 %
ROE83.7 %142.2 %56.1 %62.8 %
ROI4.7 %10.2 %8.1 %16.6 %
Economic value added (EVA)609.28898.47488.581 826.84
Solvency
Equity ratio1.1 %5.9 %10.3 %21.4 %
Gearing4978.7 %1249.7 %666.3 %329.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.11.11.30.3
Current ratio0.11.11.30.3
Cash and cash equivalents526.60465.561 298.48476.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBA

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.4%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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