TUTEIN & KOCH A/S — Credit Rating and Financial Key Figures

CVR number: 21610828
Farvergade 8, 1463 København K
tel: 33133633

Company information

Official name
TUTEIN & KOCH A/S
Personnel
18 persons
Established
1967
Company form
Limited company
Industry

About TUTEIN & KOCH A/S

TUTEIN & KOCH A/S (CVR number: 21610828) is a company from KØBENHAVN. The company recorded a gross profit of 3307.7 kDKK in 2023. The operating profit was -1247 kDKK, while net earnings were 353 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69 %, 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 13.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 144.622 696.312 667.392 697.223 307.72
EBIT- 350.131 387.103 747.51- 699.30-1 247.03
Net earnings-2 367.20210.394 098.17-4 683.87352.98
Shareholders equity total20 218.5920 428.9824 527.1519 843.2820 196.26
Balance sheet total (assets)36 192.2334 840.7534 362.8028 649.2929 282.05
Net debt-27 620.76-27 109.35-27 595.37-21 561.37-20 175.88
Profitability
EBIT-%
ROA2.0 %5.4 %17.9 %0.6 %2.1 %
ROE-11.1 %1.0 %18.2 %-21.1 %1.8 %
ROI2.1 %5.7 %19.2 %0.6 %2.2 %
Economic value added (EVA)173.771 477.043 463.32- 447.00- 888.43
Solvency
Equity ratio55.9 %58.6 %71.4 %69.3 %69.0 %
Gearing11.8 %11.1 %8.7 %12.4 %9.3 %
Relative net indebtedness %
Liquidity
Quick ratio28.414.313.916.113.1
Current ratio30.515.415.017.615.3
Cash and cash equivalents30 013.6729 373.2829 722.9124 030.5122 053.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:2.05%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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