TINGHØJ 2000 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TINGHØJ 2000 ApS
TINGHØJ 2000 ApS (CVR number: 25432371) is a company from AARHUS. The company recorded a gross profit of 1459.9 kDKK in 2023. The operating profit was 379.1 kDKK, while net earnings were -77.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TINGHØJ 2000 ApS's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 948.01 | 1 882.86 | 1 677.56 | 4 867.92 | 1 459.87 |
EBIT | 3 702.67 | - 875.02 | -2 555.34 | 3 846.90 | 379.09 |
Net earnings | 2 919.10 | - 909.80 | -2 432.93 | 2 883.00 | -77.58 |
Shareholders equity total | 15 287.06 | 14 062.00 | 11 920.07 | 13 603.07 | 12 965.48 |
Balance sheet total (assets) | 38 061.06 | 34 562.85 | 28 763.81 | 30 774.89 | 29 438.09 |
Net debt | 15 537.03 | 14 013.58 | 12 640.07 | 12 844.36 | 14 395.46 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.2 % | -1.8 % | -8.0 % | 13.0 % | 1.4 % |
ROE | 21.2 % | -6.2 % | -18.7 % | 22.6 % | -0.6 % |
ROI | 12.9 % | -2.0 % | -8.6 % | 13.5 % | 1.5 % |
Economic value added (EVA) | 2 136.83 | -2 292.12 | -3 306.31 | 1 881.88 | -1 047.44 |
Solvency | |||||
Equity ratio | 40.2 % | 40.7 % | 41.4 % | 44.2 % | 44.0 % |
Gearing | 104.7 % | 105.0 % | 118.7 % | 102.6 % | 111.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 1.9 | 1.7 | 2.0 |
Current ratio | 1.5 | 1.6 | 3.8 | 4.6 | 4.7 |
Cash and cash equivalents | 468.52 | 749.52 | 1 504.12 | 1 110.17 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | BBB | AA | A |
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