Tiger of Sweden Denmark A/S — Credit Rating and Financial Key Figures
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 153.3 mDKK in 2023, demonstrating a decline of -34.3 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 1.9 mDKK), while net earnings were 3196.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 44.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Tiger of Sweden Denmark A/S's liquidity measured by quick ratio was 0.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 322.25 | 244.57 | 259.75 | 233.40 | 153.33 |
Gross profit | 14.46 | 7.28 | 8.80 | 11.27 | 11.26 |
EBIT | 14.46 | 7.28 | 8.80 | 2.74 | 1.91 |
Net earnings | 1.27 | 0.41 | 2.51 | 1.25 | 3.20 |
Shareholders equity total | 6.80 | 1.84 | 4.35 | 5.60 | 8.80 |
Balance sheet total (assets) | 124.93 | 125.11 | 154.27 | 165.38 | 118.02 |
Net debt | 146.42 | 78.12 | |||
Profitability | |||||
EBIT-% | 4.5 % | 3.0 % | 3.4 % | 1.2 % | 1.2 % |
ROA | 11.1 % | 5.8 % | 6.3 % | 2.3 % | 3.6 % |
ROE | 18.4 % | 9.6 % | 81.2 % | 25.1 % | 44.4 % |
ROI | 11.1 % | 5.8 % | 6.3 % | 2.4 % | 4.0 % |
Economic value added (EVA) | 14.11 | 6.94 | 8.71 | 2.36 | 1.20 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 3.3 % | 7.4 % |
Gearing | 2640.1 % | 1031.9 % | |||
Relative net indebtedness % | 67.9 % | 63.0 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | |||
Current ratio | 1.3 | 1.8 | |||
Cash and cash equivalents | 1.41 | 12.65 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 9.9 | 10.1 | |||
Net working capital % | 11.9 % | 20.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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