TID TIL RO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TID TIL RO ApS
TID TIL RO ApS (CVR number: 36534206) is a company from ODENSE. The company recorded a gross profit of 1308.5 kDKK in 2024. The operating profit was -1501.9 kDKK, while net earnings were 453.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 72.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.3 %, 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. TID TIL RO ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 324.05 | 1 988.83 | 923.17 | 1 898.07 | 1 308.55 |
EBIT | -1 254.92 | 927.15 | - 420.90 | - 167.82 | -1 501.86 |
Net earnings | - 526.50 | 1 354.78 | 78.09 | 675.95 | 453.06 |
Shareholders equity total | -1 709.67 | - 354.89 | - 276.81 | 399.15 | 852.20 |
Balance sheet total (assets) | 3 179.16 | 5 091.06 | 5 718.61 | 7 864.97 | 9 890.18 |
Net debt | 909.13 | -1 615.49 | - 803.88 | -86.93 | 1 601.22 |
Profitability | |||||
EBIT-% | |||||
ROA | -8.3 % | 28.5 % | 6.0 % | 14.0 % | 8.6 % |
ROE | -12.1 % | 32.8 % | 1.4 % | 22.1 % | 72.4 % |
ROI | -14.0 % | 41.8 % | 10.0 % | 24.0 % | 12.9 % |
Economic value added (EVA) | -1 183.40 | 1 102.20 | - 510.40 | - 282.01 | -1 643.57 |
Solvency | |||||
Equity ratio | 7.6 % | 31.4 % | 29.3 % | 29.9 % | 28.3 % |
Gearing | -124.0 % | -630.9 % | -728.8 % | 925.0 % | 618.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 2.1 | 1.5 | 1.1 | 0.8 |
Current ratio | 1.4 | 2.1 | 1.5 | 1.1 | 0.8 |
Cash and cash equivalents | 1 210.10 | 3 854.36 | 2 821.31 | 3 779.17 | 3 673.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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