TB TRADING K/S — Credit Rating and Financial Key Figures

CVR number: 26483638
Brandsøvænget 4, 5000 Odense C
tbtrading@live.dk
tel: 65904416
Free credit report

Credit rating

Company information

Official name
TB TRADING K/S
Established
2002
Company form
Limited partnership
Industry

About TB TRADING K/S

TB TRADING K/S (CVR number: 26483638) is a company from ODENSE. The company recorded a gross profit of -6.2 kDKK in 2023. The operating profit was -6.2 kDKK, while net earnings were -7.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TB TRADING K/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6.59-15.0824.56-14.93-6.19
EBIT6.49-15.0824.56-14.93-6.19
Net earnings6.49-15.0824.56-14.95-7.10
Shareholders equity total494.66479.58506.94489.18482.08
Balance sheet total (assets)656.74628.18655.54898.37869.73
Net debt159.51146.84116.49409.19384.56
Profitability
EBIT-%
ROA1.0 %-2.3 %3.8 %-1.9 %-0.7 %
ROE1.3 %-3.1 %5.0 %-3.0 %-1.5 %
ROI1.1 %-2.3 %3.8 %-1.9 %-0.7 %
Economic value added (EVA)1.19-21.5618.80-20.40-12.52
Solvency
Equity ratio75.3 %76.3 %77.3 %54.5 %55.4 %
Gearing32.8 %31.0 %29.3 %83.6 %79.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.63.73.91.41.4
Current ratio4.04.24.42.22.2
Cash and cash equivalents2.571.7732.110.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-0.70%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.4%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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