For Tiden Holding ApS — Credit Rating and Financial Key Figures

CVR number: 32569641
Randersvej 32, 6700 Esbjerg

Company information

Official name
For Tiden Holding ApS
Established
2009
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales
Gross profit21.95-61.82-33.30
EBIT21.95-61.82-33.30
Net earnings6 361.411 291.415 073.64
Shareholders equity total10 683.8711 923.5716 944.31
Balance sheet total (assets)12 525.1218 115.6821 873.81
Net debt1 547.885 925.393 708.87
Profitability
EBIT-%
ROA51.3 %9.8 %27.0 %
ROE59.5 %11.4 %35.2 %
ROI52.5 %9.9 %28.1 %
Economic value added (EVA)25.10529.27725.54
Solvency
Equity ratio85.3 %65.8 %77.5 %
Gearing14.5 %49.7 %21.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.6
Current ratio0.20.40.6
Cash and cash equivalents0.353.150.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:27.0%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.5%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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