TINGGÅRDEN A/S

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

Credit rating

Company information

Official name
TINGGÅRDEN A/S
Established
1986
Company form
Limited company
Industry
  • Expand more icon56Food and beverage service activities

About TINGGÅRDEN A/S

TINGGÅRDEN A/S (CVR number: 10498945) is a company from GRIBSKOV. The company recorded a gross profit of 5249.6 kDKK in 2022. The operating profit was 110.6 kDKK, while net earnings were 62.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.3 %, 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. TINGGÅRDEN A/S's liquidity measured by quick ratio was 0.5 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
20182019202020212022
Volume
Net sales
Gross profit3 770.725 013.525 916.165 355.975 249.56
EBIT77.92462.25883.05-23.34110.62
Net earnings-37.39267.49479.9317.5762.41
Shareholders equity total2 556.812 824.303 304.23695.96758.37
Balance sheet total (assets)8 447.608 283.0611 107.343 375.041 980.96
Net debt3 951.163 780.441 982.51-1 984.64- 245.00
Profitability
EBIT-%
ROA1.0 %5.5 %9.2 %-0.3 %4.5 %
ROE-1.4 %9.9 %15.7 %0.9 %8.6 %
ROI1.2 %6.6 %11.2 %-0.4 %15.5 %
Economic value added (EVA)- 213.1734.91286.25- 213.87144.35
Solvency
Equity ratio30.8 %34.8 %29.7 %20.6 %38.3 %
Gearing158.2 %133.9 %145.2 %9.0 %5.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.10.90.90.5
Current ratio0.50.31.01.11.0
Cash and cash equivalents94.502.082 814.202 047.42287.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBB

Variable visualization

ROA:4.53%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.3%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.442Z

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