Tiger of Sweden Denmark A/S
Credit rating
Company information
About Tiger of Sweden Denmark A/S
Tiger of Sweden Denmark A/S (CVR number: 38753029) is a company from KØBENHAVN. The company reported a net sales of 233.4 mDKK in 2022, demonstrating a decline of -10.1 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 2.7 mDKK), while net earnings were 1249.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was 25.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.3 %, 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. Tiger of Sweden Denmark A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 405.87 | 322.25 | 244.57 | 259.75 | 233.40 |
Gross profit | 14.45 | 14.46 | 7.28 | 8.80 | 11.27 |
EBIT | 14.45 | 14.46 | 7.28 | 3.80 | 2.74 |
Net earnings | 3.70 | 1.27 | 0.41 | 2.51 | 1.25 |
Shareholders equity total | 7.04 | 6.80 | 1.84 | 4.35 | 5.60 |
Balance sheet total (assets) | 136.73 | 124.93 | 125.11 | 154.27 | 165.38 |
Net debt | 134.06 | 146.42 | |||
Profitability | |||||
EBIT-% | 3.6 % | 4.5 % | 3.0 % | 1.5 % | 1.2 % |
ROA | 11.6 % | 11.1 % | 5.8 % | 2.8 % | 2.3 % |
ROE | 17.8 % | 18.4 % | 9.6 % | 81.2 % | 25.1 % |
ROI | 11.9 % | 11.1 % | 5.8 % | 2.9 % | 2.5 % |
Economic value added (EVA) | 12.82 | 14.11 | 6.94 | 3.05 | 2.54 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 46.4 % | 44.3 % |
Gearing | 3158.9 % | 2640.1 % | |||
Relative net indebtedness % | 56.4 % | 67.9 % | |||
Liquidity | |||||
Quick ratio | 1.0 | 0.6 | |||
Current ratio | 1.4 | 1.3 | |||
Cash and cash equivalents | 3.35 | 1.41 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.4 | 9.9 | |||
Net working capital % | 13.6 % | 11.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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