TP HOLDING ØLGOD ApS — Credit Rating and Financial Key Figures

CVR number: 29142998
Mejlvangvænget 20, 6870 Ølgod

Credit rating

Company information

Official name
TP HOLDING ØLGOD ApS
Established
2005
Company form
Private limited company
Industry

About TP HOLDING ØLGOD ApS

TP HOLDING ØLGOD ApS (CVR number: 29142998) is a company from VARDE. The company recorded a gross profit of -29.8 kDKK in 2024. The operating profit was -29.8 kDKK, while net earnings were 150.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.9 %, which can be considered excellent but Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TP HOLDING ØLGOD ApS's liquidity measured by quick ratio was 53.2 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
2020
2021
2022
2023
2024
Volume
Net sales-1.00
Gross profit-16.00-20.00-21.00-21.00-29.79
EBIT-16.00-20.00-21.00-21.00-29.79
Net earnings108.00460.00127.00141.00150.85
Shareholders equity total1 898.002 358.002 372.002 513.002 546.57
Balance sheet total (assets)1 977.002 485.002 409.002 550.002 595.32
Net debt-1 907.00-2 485.00-2 409.00-2 545.00-2 595.32
Profitability
EBIT-%
ROA10.1 %26.9 %24.7 %26.9 %22.9 %
ROE5.7 %21.6 %5.4 %5.8 %6.0 %
ROI10.1 %27.8 %25.5 %27.3 %23.3 %
Economic value added (EVA)62.76-11.62-9.98-14.50-21.31
Solvency
Equity ratio96.0 %94.9 %98.5 %98.5 %98.1 %
Gearing3.7 %0.2 %
Relative net indebtedness %189800.0 %
Liquidity
Quick ratio25.019.665.168.953.2
Current ratio25.019.665.168.953.2
Cash and cash equivalents1 977.002 485.002 409.002 550.002 595.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %7800.0 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:22.9%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.1%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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