TINGHOFF ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TINGHOFF ApS
TINGHOFF ApS (CVR number: 10386691) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -42.7 kDKK, while net earnings were -77.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.2 %, which can be considered poor and Return on Equity (ROE) was -12.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.9 %, 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. TINGHOFF ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9.22 | 35.71 | -5.48 | ||
EBIT | 9.22 | 35.71 | -5.48 | - 119.50 | -42.67 |
Net earnings | -5.31 | 17.36 | -8.07 | - 157.97 | -77.70 |
Shareholders equity total | -2.03 | 13.83 | 824.47 | 666.50 | 588.80 |
Balance sheet total (assets) | 1 218.89 | 1 263.06 | 1 216.89 | 1 179.22 | 2 187.67 |
Net debt | 1 022.38 | 836.44 | 316.63 | 375.62 | 1 591.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.7 % | 2.9 % | -0.4 % | -10.0 % | -2.2 % |
ROE | -0.4 % | 2.8 % | -1.9 % | -21.2 % | -12.4 % |
ROI | 0.9 % | 3.7 % | -0.5 % | -10.2 % | -2.2 % |
Economic value added (EVA) | -20.14 | 1.47 | -23.54 | - 176.84 | -94.25 |
Solvency | |||||
Equity ratio | -0.2 % | 1.1 % | 67.8 % | 56.5 % | 26.9 % |
Gearing | -51009.2 % | 6275.5 % | 41.6 % | 76.2 % | 270.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.1 | 0.5 | 10.1 | 0.6 |
Current ratio | 0.0 | 0.1 | 0.5 | 13.0 | 0.6 |
Cash and cash equivalents | 14.63 | 31.59 | 26.73 | 132.53 | 2.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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