Credit rating
Company information
About TB EUROPE A/S
TB EUROPE A/S (CVR number: 35037500) is a company from AALBORG. The company recorded a gross profit of -1171 kDKK in 2019. The operating profit was -1777 kDKK, while net earnings were -1442 kDKK. The profitability of the company measured by Return on Assets (ROA) was -92.7 %, which can be considered poor and Return on Equity (ROE) was -79.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TB EUROPE A/S's liquidity measured by quick ratio was 13.5 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 | -4 003.00 | -6 323.00 | -1 342.00 | -1 171.00 |
EBIT | -5 684.00 | -23 172.00 | -1 716.00 | -1 777.00 |
Net earnings | -5 064.00 | -18 311.00 | -1 366.00 | -1 442.00 |
Shareholders equity total | -4 361.00 | 1 394.00 | 2 528.00 | 1 086.00 |
Balance sheet total (assets) | 19 826.00 | 2 500.00 | 2 655.00 | 1 173.00 |
Net debt | 19 573.00 | 10.00 | ||
Profitability | ||||
EBIT-% | ||||
ROA | -23.4 % | -173.6 % | -66.0 % | -92.7 % |
ROE | -25.5 % | -172.6 % | -69.7 % | -79.8 % |
ROI | -24.7 % | -190.0 % | -86.6 % | -98.2 % |
Economic value added (EVA) | -4 433.05 | -17 771.83 | -1 407.22 | -1 515.89 |
Solvency | ||||
Equity ratio | -18.0 % | 55.8 % | 95.2 % | 92.6 % |
Gearing | -448.8 % | 0.7 % | ||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.2 | 2.3 | 20.6 | 13.5 |
Current ratio | 0.2 | 2.3 | 20.9 | 13.5 |
Cash and cash equivalents | ||||
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | C | C | B |
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