TINGGÅRDSVEJ HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 30985028
Hønsnapvej 4, Holbøl 6340 Kruså

Credit rating

Company information

Official name
TINGGÅRDSVEJ HOLDING A/S
Personnel
1 person
Established
1961
Domicile
Holbøl
Company form
Limited company
Industry

About TINGGÅRDSVEJ HOLDING A/S

TINGGÅRDSVEJ HOLDING A/S (CVR number: 30985028) is a company from AABENRAA. The company recorded a gross profit of -8.3 kDKK in 2023. The operating profit was -14.1 kDKK, while net earnings were -18.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. TINGGÅRDSVEJ HOLDING A/S's liquidity measured by quick ratio was 250.1 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 profit0.01-10.632.08-19.71-8.25
EBIT0.01-10.63-78.11-19.86-14.09
Net earnings- 128.7140.01- 111.9150.24-18.90
Shareholders equity total350.05390.06278.15328.39309.49
Balance sheet total (assets)763.101 024.171 040.991 153.461 538.79
Net debt66.85104.50211.12254.03277.41
Profitability
EBIT-%
ROA-14.1 %5.6 %-9.3 %4.6 %-1.4 %
ROE-31.1 %10.8 %-33.5 %16.6 %-5.9 %
ROI-14.3 %5.7 %-9.3 %4.6 %-1.4 %
Economic value added (EVA)30.008.55-45.5917.6028.83
Solvency
Equity ratio45.9 %38.1 %26.7 %28.5 %20.1 %
Gearing115.9 %160.7 %271.5 %248.5 %395.7 %
Relative net indebtedness %
Liquidity
Quick ratio64.592.291.081.8250.1
Current ratio64.592.291.081.8250.1
Cash and cash equivalents339.00522.41544.04561.98947.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:-1.40%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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