Credit rating
Company information
About Tidens Maler ApS
Tidens Maler ApS (CVR number: 39986817) is a company from AARHUS. The company reported a net sales of 0.7 mDKK in 2020, demonstrating a growth of 407.2 % compared to the previous year. The operating profit percentage was at 12.3 % (EBIT: 0.1 mDKK), while net earnings were 83.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34 %, which can be considered excellent and Return on Equity (ROE) was 78.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.4 %, 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. Tidens Maler ApS's liquidity measured by quick ratio was 1.3 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 | |
---|---|---|
Volume | ||
Net sales | 134.00 | 679.69 |
Gross profit | 130.37 | 206.72 |
EBIT | 14.40 | 83.72 |
Net earnings | 14.40 | 83.72 |
Shareholders equity total | 64.40 | 148.13 |
Balance sheet total (assets) | 75.00 | 418.06 |
Net debt | - 343.06 | |
Profitability | ||
EBIT-% | 10.7 % | 12.3 % |
ROA | 19.2 % | 34.0 % |
ROE | 22.4 % | 78.8 % |
ROI | 22.4 % | 78.8 % |
Economic value added (EVA) | 14.40 | 81.21 |
Solvency | ||
Equity ratio | 85.9 % | 35.4 % |
Gearing | ||
Relative net indebtedness % | 7.9 % | -10.8 % |
Liquidity | ||
Quick ratio | 1.3 | |
Current ratio | 1.3 | |
Cash and cash equivalents | 343.06 | |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | -7.9 % | 10.8 % |
Credit risk | ||
Credit rating | B | B |
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