TIGNUM ApS — Credit Rating and Financial Key Figures

CVR number: 28119550
Balticagade 10 B, 8000 Aarhus C
finance@grown-up-europe.com

Company information

Official name
TIGNUM ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry

About TIGNUM ApS

TIGNUM ApS (CVR number: 28119550) is a company from AARHUS. The company recorded a gross profit of -267.2 kDKK in 2023. The operating profit was -281.3 kDKK, while net earnings were -88.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -7.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.2 %, 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. TIGNUM ApS's liquidity measured by quick ratio was 1.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit469.86484.19398.55- 262.60- 267.23
EBIT82.2087.42-50.53- 566.35- 281.31
Net earnings152.09147.718.58- 448.27-88.27
Shareholders equity total1 582.091 729.811 738.391 290.121 201.85
Balance sheet total (assets)2 292.053 323.734 204.363 620.613 228.33
Net debt- 293.68276.171 483.521 391.421 702.18
Profitability
EBIT-%
ROA6.8 %6.1 %1.7 %-11.4 %-2.5 %
ROE10.1 %8.9 %0.5 %-29.6 %-7.1 %
ROI9.1 %8.1 %2.0 %-13.2 %-2.9 %
Economic value added (EVA)35.7727.71- 110.18- 632.58- 325.50
Solvency
Equity ratio69.0 %52.0 %41.3 %35.6 %37.2 %
Gearing6.3 %47.3 %107.1 %139.7 %150.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.12.01.51.51.5
Current ratio3.12.01.51.51.5
Cash and cash equivalents393.68542.81378.68410.79100.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-2.54%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.2%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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