Credit rating
Company information
About TOLSING ApS
TOLSING ApS (CVR number: 30712080) is a company from KØBENHAVN. The company recorded a gross profit of 668.9 kDKK in 2023. The operating profit was -19.1 kDKK, while net earnings were 41.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.2 %, 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. TOLSING ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 844.16 | 1 194.21 | 1 173.39 | 799.88 | 668.87 |
EBIT | -81.22 | -30.44 | -16.83 | 47.41 | -19.08 |
Net earnings | 7.45 | 148.78 | 21.48 | 7.72 | 41.83 |
Shareholders equity total | 309.02 | 382.79 | 314.28 | 231.99 | 216.62 |
Balance sheet total (assets) | 941.74 | 1 177.45 | 982.94 | 1 222.50 | 932.20 |
Net debt | - 428.11 | - 418.17 | - 466.77 | - 279.47 | - 267.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.3 % | 18.2 % | 2.8 % | 4.0 % | 5.8 % |
ROE | 2.1 % | 43.0 % | 6.2 % | 2.8 % | 18.6 % |
ROI | 2.3 % | 29.7 % | 4.2 % | 5.5 % | 8.2 % |
Economic value added (EVA) | -52.97 | -4.52 | 6.11 | 63.51 | 26.17 |
Solvency | |||||
Equity ratio | 32.8 % | 32.5 % | 32.0 % | 19.0 % | 23.2 % |
Gearing | 85.0 % | 89.8 % | 120.9 % | 289.7 % | 188.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.4 | 1.4 | 1.1 | 1.1 |
Current ratio | 1.5 | 1.5 | 1.5 | 1.1 | 1.2 |
Cash and cash equivalents | 690.90 | 761.82 | 846.60 | 951.56 | 674.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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