TARPGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 15419792
Vesterballevej 15, Snoghøj 7000 Fredericia
info@tarpgaard.dk
tel: 75941133
www.tarpgaard.dk

Credit rating

Company information

Official name
TARPGAARD A/S
Personnel
55 persons
Established
1991
Domicile
Snoghøj
Company form
Limited company
Industry

About TARPGAARD A/S

TARPGAARD A/S (CVR number: 15419792) is a company from FREDERICIA. The company recorded a gross profit of 11.9 mDKK in 2024. The operating profit was 6382.4 kDKK, while net earnings were 4604.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.5 %, which can be considered excellent and Return on Equity (ROE) was 42.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.6 %, 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. TARPGAARD A/S's liquidity measured by quick ratio was 1.5 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
Gross profit8 971.718 143.676 003.279 320.3211 857.38
EBIT4 442.552 685.8944.033 952.316 382.36
Net earnings3 429.421 966.99- 347.742 703.574 604.07
Shareholders equity total10 932.539 699.527 401.789 810.8511 714.92
Balance sheet total (assets)30 158.1726 420.9723 986.6327 901.6430 208.40
Net debt3 808.323 862.515 914.675 556.025 359.06
Profitability
EBIT-%
ROA18.0 %10.0 %0.6 %15.7 %22.5 %
ROE30.6 %19.1 %-4.1 %31.4 %42.8 %
ROI34.2 %19.6 %1.1 %27.4 %39.7 %
Economic value added (EVA)2 853.291 311.21- 660.502 362.504 161.85
Solvency
Equity ratio36.3 %36.9 %31.2 %35.3 %39.6 %
Gearing34.8 %39.8 %85.8 %56.6 %45.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.01.11.41.5
Current ratio1.31.21.41.61.6
Cash and cash equivalents0.531.25433.420.760.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:22.5%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.6%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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