TOLSTRUP FARMING ApS — Credit Rating and Financial Key Figures

CVR number: 26533570
Skindbjergvej 11, Skindbjerg 9520 Skørping

Credit rating

Company information

Official name
TOLSTRUP FARMING ApS
Personnel
10 persons
Established
2002
Domicile
Skindbjerg
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About TOLSTRUP FARMING ApS

TOLSTRUP FARMING ApS (CVR number: 26533570) is a company from REBILD. The company recorded a gross profit of 10.6 mDKK in 2023. The operating profit was 6950.3 kDKK, while net earnings were 3912.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TOLSTRUP FARMING ApS's liquidity measured by quick ratio was 3.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 796.935 640.852 263.785 694.3910 635.76
EBIT4 243.30-1 902.21- 894.572 302.536 950.33
Net earnings3 474.97-1 667.15160.282 352.743 912.49
Shareholders equity total24 199.1022 611.9521 902.2322 811.6126 568.59
Balance sheet total (assets)63 656.1553 340.9953 644.3852 170.3451 838.31
Net debt36 653.8127 426.2129 271.6126 966.0922 273.93
Profitability
EBIT-%
ROA7.8 %-2.5 %0.8 %6.2 %12.3 %
ROE15.6 %-7.1 %0.7 %10.5 %15.8 %
ROI7.6 %-2.5 %0.8 %6.3 %12.6 %
Economic value added (EVA)1 067.51-3 989.29-2 623.72247.363 561.43
Solvency
Equity ratio38.0 %42.4 %40.8 %43.7 %51.3 %
Gearing151.5 %121.3 %133.6 %118.2 %83.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.41.41.33.9
Current ratio2.93.32.12.56.0
Cash and cash equivalents27.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:12.3%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.3%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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