TIPAG INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TIPAG INVEST A/S
TIPAG INVEST A/S (CVR number: 32299423) is a company from ESBJERG. The company recorded a gross profit of -324.2 kDKK in 2019. The operating profit was -324.2 kDKK, while net earnings were -301.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.6 %, which can be considered poor and Return on Equity (ROE) was -13.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 84.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TIPAG INVEST A/S's liquidity measured by quick ratio was 6.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -40.00 | 92.00 | -95.00 | - 324.19 |
| EBIT | -40.00 | 92.00 | -95.00 | - 324.19 |
| Net earnings | 1 883.00 | 235.00 | - 102.00 | - 301.53 |
| Shareholders equity total | 5 504.00 | 3 220.00 | 2 317.00 | 2 015.37 |
| Balance sheet total (assets) | 5 555.00 | 5 109.00 | 5 142.00 | 2 376.21 |
| Net debt | - 494.00 | - 491.00 | 2 215.00 | -2 376.10 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 33.9 % | 4.4 % | -0.6 % | -8.6 % |
| ROE | 34.2 % | 5.4 % | -3.7 % | -13.9 % |
| ROI | 34.2 % | 5.4 % | -0.8 % | -9.2 % |
| Economic value added (EVA) | -40.00 | 259.83 | 92.48 | -62.50 |
| Solvency | ||||
| Equity ratio | 99.1 % | 63.0 % | 45.1 % | 84.8 % |
| Gearing | 115.8 % | |||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 9.7 | 0.3 | 0.2 | 6.6 |
| Current ratio | 9.7 | 0.3 | 0.2 | 6.6 |
| Cash and cash equivalents | 494.00 | 491.00 | 469.00 | 2 376.10 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | A | A | BBB | C |
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