TYSTOFTEFONDEN

CVR number: 35872612
Teglværksvej 10, 4230 Skælskør

Credit rating

Company information

Official name
TYSTOFTEFONDEN
Personnel
33 persons
Established
2014
Industry
  • Expand more icon72Scientific research and development

About TYSTOFTEFONDEN

TYSTOFTEFONDEN (CVR number: 35872612) is a company from SLAGELSE. The company reported a net sales of 30.8 mDKK in 2023, demonstrating a decline of -2.5 % compared to the previous year. The operating profit percentage was at 9.3 % (EBIT: 2.9 mDKK), while net earnings were 2168.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.9 %, 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. TYSTOFTEFONDEN's liquidity measured by quick ratio was 2.1 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales30.3230.1231.0131.6030.80
Gross profit5.614.904.634.204.36
EBIT2.872.882.972.522.86
Net earnings2.032.072.121.802.17
Shareholders equity total15.1217.1919.3021.1023.27
Balance sheet total (assets)37.8641.8041.9242.8546.60
Net debt-2.17-9.41-6.31-3.41-6.22
Profitability
EBIT-%9.5 %9.5 %9.6 %8.0 %9.3 %
ROA8.3 %7.4 %7.2 %6.1 %6.7 %
ROE14.4 %12.8 %11.6 %8.9 %9.8 %
ROI11.2 %10.3 %9.7 %8.9 %11.4 %
Economic value added (EVA)1.831.621.961.351.39
Solvency
Equity ratio39.9 %41.1 %46.1 %49.2 %49.9 %
Gearing
Relative net indebtedness %59.8 %40.5 %41.1 %45.3 %40.7 %
Liquidity
Quick ratio1.41.51.92.22.1
Current ratio1.41.51.92.22.1
Cash and cash equivalents2.179.416.313.416.22
Capital use efficiency
Trade debtors turnover (days)55.657.855.860.864.7
Net working capital %13.9 %20.5 %28.8 %32.2 %34.5 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.72%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.9%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

Companies in the same industry

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