Tika-rideudstyr ApS — Credit Rating and Financial Key Figures

CVR number: 39178370
Solbjerg Plantagevej 3, 6731 Tjæreborg

Company information

Official name
Tika-rideudstyr ApS
Personnel
8 persons
Established
2017
Company form
Private limited company
Industry

About Tika-rideudstyr ApS

Tika-rideudstyr ApS (CVR number: 39178370) is a company from ESBJERG. The company recorded a gross profit of 737.3 kDKK in 2023. The operating profit was -377.9 kDKK, while net earnings were -423.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12 %, which can be considered poor and Return on Equity (ROE) was -38.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.9 %, 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. Tika-rideudstyr ApS's liquidity measured by quick ratio was 0.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 214.001 484.001 488.001 099.00737.35
EBIT-11.00317.00254.00- 377.92
Net earnings-86.00262.00194.00-31.00- 423.06
Shareholders equity total877.001 139.001 333.001 302.00878.95
Balance sheet total (assets)3 185.003 901.003 821.003 138.003 046.46
Net debt1 519.00286.001 147.001 425.001 571.92
Profitability
EBIT-%
ROA-0.2 %9.3 %6.8 %0.4 %-12.0 %
ROE-9.3 %26.0 %15.7 %-2.4 %-38.8 %
ROI-0.2 %13.2 %10.6 %0.5 %-13.6 %
Economic value added (EVA)-44.37283.53245.96-62.21- 440.78
Solvency
Equity ratio27.5 %29.2 %34.9 %41.5 %28.9 %
Gearing197.3 %111.1 %93.2 %113.4 %204.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.40.00.00.1
Current ratio1.31.41.51.71.4
Cash and cash equivalents211.00979.0095.0051.00221.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-12.0%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.9%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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