TUTEIN & KOCH A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TUTEIN & KOCH A/S
TUTEIN & KOCH A/S (CVR number: 21610828) is a company from KØBENHAVN. The company recorded a gross profit of 3869 kDKK in 2024. The operating profit was -802.3 kDKK, while net earnings were 2016.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TUTEIN & KOCH A/S's liquidity measured by quick ratio was 15.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 696.31 | 2 667.39 | 2 697.22 | 3 307.72 | 3 869.02 |
EBIT | 1 387.10 | 3 747.51 | - 699.30 | -1 247.03 | - 802.26 |
Net earnings | 210.39 | 4 098.17 | -4 683.87 | 352.98 | 2 016.85 |
Shareholders equity total | 20 428.98 | 24 527.15 | 19 843.28 | 20 196.26 | 22 213.11 |
Balance sheet total (assets) | 34 840.75 | 34 362.80 | 28 649.29 | 29 282.05 | 30 501.89 |
Net debt | -27 109.35 | -27 595.37 | -21 561.37 | -20 175.88 | -22 041.43 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.4 % | 17.9 % | 0.6 % | 2.1 % | 7.7 % |
ROE | 1.0 % | 18.2 % | -21.1 % | 1.8 % | 9.5 % |
ROI | 5.7 % | 19.2 % | 0.6 % | 2.2 % | 8.3 % |
Economic value added (EVA) | - 776.72 | 1 375.16 | -2 318.22 | -2 477.51 | -2 141.23 |
Solvency | |||||
Equity ratio | 58.6 % | 71.4 % | 69.3 % | 69.0 % | 72.8 % |
Gearing | 11.1 % | 8.7 % | 12.4 % | 9.3 % | 7.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 14.3 | 13.9 | 16.1 | 13.1 | 15.6 |
Current ratio | 15.4 | 15.0 | 17.6 | 15.3 | 18.0 |
Cash and cash equivalents | 29 373.28 | 29 722.91 | 24 030.51 | 22 053.78 | 23 778.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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