TAGE RØDBRO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TAGE RØDBRO ApS
TAGE RØDBRO ApS (CVR number: 35205284) is a company from FREDERIKSHAVN. The company recorded a gross profit of -3.4 kDKK in 2020. The operating profit was -3.4 kDKK, while net earnings were -4.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -4.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TAGE RØDBRO ApS's liquidity measured by quick ratio was 1.5 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 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.75 | -4.00 | -4.06 | -3.69 | -3.45 |
EBIT | -3.75 | -4.00 | -4.06 | -3.69 | -3.45 |
Net earnings | -3.73 | -6.13 | -5.50 | -6.60 | -4.79 |
Shareholders equity total | 469.95 | 361.96 | 254.20 | 140.10 | 85.31 |
Balance sheet total (assets) | 563.78 | 530.14 | 285.81 | 250.19 | 245.62 |
Net debt | - 471.96 | - 363.96 | - 256.21 | - 144.10 | - 103.04 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.7 % | -0.7 % | -1.0 % | -1.4 % | -1.4 % |
ROE | -0.8 % | -1.5 % | -1.8 % | -3.3 % | -4.2 % |
ROI | -0.7 % | -0.7 % | -1.0 % | -1.4 % | -1.5 % |
Economic value added (EVA) | -3.75 | 0.61 | 4.29 | -2.20 | 2.08 |
Solvency | |||||
Equity ratio | 83.4 % | 68.3 % | 88.9 % | 56.0 % | 34.7 % |
Gearing | 19.1 % | 45.4 % | 10.9 % | 75.7 % | 167.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.0 | 3.2 | 9.0 | 2.3 | 1.5 |
Current ratio | 6.0 | 3.2 | 9.0 | 2.3 | 1.5 |
Cash and cash equivalents | 561.79 | 528.15 | 283.81 | 250.19 | 245.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | B |
Variable visualization
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