TINGGAARD HOLDING 2006 ApS — Credit Rating and Financial Key Figures

CVR number: 29788677
Fynsgade 30 A, 7400 Herning
jan@tinggaard.dk
tel: 20698390

Credit rating

Company information

Official name
TINGGAARD HOLDING 2006 ApS
Established
2006
Company form
Private limited company
Industry

About TINGGAARD HOLDING 2006 ApS

TINGGAARD HOLDING 2006 ApS (CVR number: 29788677) is a company from HERNING. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -679.9 kDKK, while net earnings were -700.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.9 %, which can be considered poor and Return on Equity (ROE) was -15.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.4 %, 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. TINGGAARD HOLDING 2006 ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-10.63-10.63-12.94
EBIT-10.63-10.63-12.94-13.75- 679.92
Net earnings233.761 860.69627.81-3 683.16- 700.64
Shareholders equity total6 582.528 330.218 843.625 042.664 220.03
Balance sheet total (assets)8 017.959 951.5910 831.748 705.588 903.73
Net debt416.69388.60199.073 422.794 202.73
Profitability
EBIT-%
ROA3.4 %21.3 %6.6 %-36.9 %-6.9 %
ROE3.6 %25.0 %7.3 %-53.0 %-15.1 %
ROI3.9 %24.3 %7.7 %-41.2 %-7.2 %
Economic value added (EVA)- 381.25- 360.25- 448.51- 465.75-1 059.06
Solvency
Equity ratio82.1 %83.7 %81.6 %57.9 %47.4 %
Gearing6.3 %4.7 %2.3 %67.9 %99.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.60.10.1
Current ratio0.60.60.60.10.1
Cash and cash equivalents0.384.710.211.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-6.91%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.4%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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