TB TRADING K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6.59 | -15.08 | 24.56 | -14.93 | -6.19 |
EBIT | 6.49 | -15.08 | 24.56 | -14.93 | -6.19 |
Net earnings | 6.49 | -15.08 | 24.56 | -14.95 | -7.10 |
Shareholders equity total | 494.66 | 479.58 | 506.94 | 489.18 | 482.08 |
Balance sheet total (assets) | 656.74 | 628.18 | 655.54 | 898.37 | 869.73 |
Net debt | 159.51 | 146.84 | 116.49 | 409.19 | 384.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.0 % | -2.3 % | 3.8 % | -1.9 % | -0.7 % |
ROE | 1.3 % | -3.1 % | 5.0 % | -3.0 % | -1.5 % |
ROI | 1.1 % | -2.3 % | 3.8 % | -1.9 % | -0.7 % |
Economic value added (EVA) | 1.19 | -21.56 | 18.80 | -20.40 | -12.52 |
Solvency | |||||
Equity ratio | 75.3 % | 76.3 % | 77.3 % | 54.5 % | 55.4 % |
Gearing | 32.8 % | 31.0 % | 29.3 % | 83.6 % | 79.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.6 | 3.7 | 3.9 | 1.4 | 1.4 |
Current ratio | 4.0 | 4.2 | 4.4 | 2.2 | 2.2 |
Cash and cash equivalents | 2.57 | 1.77 | 32.11 | 0.30 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BBB |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.