For Tiden Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About For Tiden Holding ApS
For Tiden Holding ApS (CVR number: 32569641) is a company from ESBJERG. The company recorded a gross profit of -33.3 kDKK in 2018. The operating profit was -33.3 kDKK, while net earnings were 5073.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27 %, which can be considered excellent and Return on Equity (ROE) was 35.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. For Tiden Holding ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 21.95 | -61.82 | -33.30 |
EBIT | 21.95 | -61.82 | -33.30 |
Net earnings | 6 361.41 | 1 291.41 | 5 073.64 |
Shareholders equity total | 10 683.87 | 11 923.57 | 16 944.31 |
Balance sheet total (assets) | 12 525.12 | 18 115.68 | 21 873.81 |
Net debt | 1 547.88 | 5 925.39 | 3 708.87 |
Profitability | |||
EBIT-% | |||
ROA | 51.3 % | 9.8 % | 27.0 % |
ROE | 59.5 % | 11.4 % | 35.2 % |
ROI | 52.5 % | 9.9 % | 28.1 % |
Economic value added (EVA) | 25.10 | 529.27 | 725.54 |
Solvency | |||
Equity ratio | 85.3 % | 65.8 % | 77.5 % |
Gearing | 14.5 % | 49.7 % | 21.9 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.2 | 0.4 | 0.6 |
Current ratio | 0.2 | 0.4 | 0.6 |
Cash and cash equivalents | 0.35 | 3.15 | 0.33 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | A | A | AA |
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