TINGGÅRDEN A/S — Credit Rating and Financial Key Figures

CVR number: 10498945
Klitrosevej 2, 3300 Frederiksværk
tel: 48712235

Credit rating

Company information

Official name
TINGGÅRDEN A/S
Personnel
25 persons
Established
1986
Company form
Limited company
Industry
  • Expand more icon561110

About TINGGÅRDEN A/S

TINGGÅRDEN A/S (CVR number: 10498945) is a company from GRIBSKOV. The company recorded a gross profit of 5365.9 kDKK in 2024. The operating profit was 166.9 kDKK, while net earnings were 123.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.1 %, 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. TINGGÅRDEN A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 916.165 355.975 249.565 060.375 365.87
EBIT883.05-23.34110.62-24.22166.93
Net earnings479.9317.5762.41-18.19123.70
Shareholders equity total3 304.23695.96758.37690.18813.88
Balance sheet total (assets)11 107.343 375.041 980.962 055.411 847.12
Net debt1 982.51-1 984.64- 267.47- 443.90- 307.47
Profitability
EBIT-%
ROA9.2 %-0.3 %4.5 %-0.4 %9.2 %
ROE15.7 %0.9 %8.6 %-2.5 %16.4 %
ROI11.2 %-0.4 %15.5 %-1.2 %22.8 %
Economic value added (EVA)286.25- 213.87144.35-42.85118.82
Solvency
Equity ratio29.7 %20.6 %38.3 %33.6 %44.1 %
Gearing145.2 %9.0 %5.6 %4.6 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.90.50.40.4
Current ratio1.01.11.00.91.0
Cash and cash equivalents2 814.202 047.42309.79475.87307.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBB

Variable visualization

ROA:9.22%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.1%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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