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

CVR number: 30985028
Hønsnapvej 4, Holbøl 6340 Kruså
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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 -1.9 kDKK in 2024. The operating profit was -1.9 kDKK, while net earnings were -243.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.2 %, which can be considered poor and Return on Equity (ROE) was -129.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 7.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TINGGÅRDSVEJ HOLDING A/S's liquidity measured by quick ratio was 51.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-10.632.08-19.71-14.09-1.89
EBIT-10.63-78.11-19.86-14.09-1.89
Net earnings40.01- 111.9150.24-18.90- 243.50
Shareholders equity total390.06278.15328.39309.4965.99
Balance sheet total (assets)1 024.171 040.991 153.461 534.35928.24
Net debt104.50211.12254.03277.41270.36
Profitability
EBIT-%
ROA5.6 %-9.3 %4.6 %-1.4 %-19.2 %
ROE10.8 %-33.5 %16.6 %-5.9 %-129.7 %
ROI5.7 %-9.3 %4.6 %-1.4 %-19.3 %
Economic value added (EVA)-48.62- 129.21-71.78-71.60-78.98
Solvency
Equity ratio38.1 %26.7 %28.5 %20.2 %7.1 %
Gearing160.7 %271.5 %248.5 %395.7 %1284.2 %
Relative net indebtedness %
Liquidity
Quick ratio92.291.081.811 754.751.2
Current ratio92.291.081.811 754.751.2
Cash and cash equivalents522.41544.04561.98947.36577.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-19.2%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.11%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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