TORE HULGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 30898613
Mosebakken 1, 2830 Virum

Company information

Official name
TORE HULGAARD ApS
Established
2007
Company form
Private limited company
Industry

About TORE HULGAARD ApS

TORE HULGAARD ApS (CVR number: 30898613) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -10.5 kDKK in 2024. The operating profit was -10.5 kDKK, while net earnings were 86.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 91.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORE HULGAARD ApS's liquidity measured by quick ratio was 11.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-10.10-8.47-9.44-9.80-10.48
EBIT-10.10-8.47-9.44-9.80-10.48
Net earnings252.90322.19- 467.2221.8386.53
Shareholders equity total2 328.672 565.872 018.641 967.982 054.51
Balance sheet total (assets)2 566.492 919.852 308.402 181.642 250.64
Net debt-2 354.43-2 638.74-1 900.61-1 852.02-1 971.25
Profitability
EBIT-%
ROA11.8 %15.0 %1.4 %2.9 %5.2 %
ROE11.3 %13.2 %-20.4 %1.1 %4.3 %
ROI11.9 %15.3 %1.5 %2.9 %5.2 %
Economic value added (EVA)- 124.89- 134.47- 150.92- 123.05- 118.69
Solvency
Equity ratio90.7 %87.9 %87.4 %90.2 %91.3 %
Gearing9.1 %10.9 %14.0 %10.9 %9.5 %
Relative net indebtedness %
Liquidity
Quick ratio10.88.28.010.211.5
Current ratio10.88.28.010.211.5
Cash and cash equivalents2 566.342 919.592 182.872 065.682 167.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:5.24%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.3%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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