Credit rating
Company information
About Tine Toft & Co ApS
Tine Toft & Co ApS (CVR number: 40900241) is a company from GENTOFTE. The company recorded a gross profit of 726.4 kDKK in 2023. The operating profit was 6.5 kDKK, while net earnings were -4.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.3 %, 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. Tine Toft & Co ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 648.74 | 774.26 | 908.49 | 726.35 |
EBIT | -67.19 | 246.03 | 152.91 | 6.52 |
Net earnings | -67.18 | 207.03 | 115.13 | -4.21 |
Shareholders equity total | - 134.39 | 72.63 | 187.76 | 183.55 |
Balance sheet total (assets) | 192.82 | 567.59 | 381.52 | 372.31 |
Net debt | 161.59 | -96.40 | - 203.95 | -1.95 |
Profitability | ||||
EBIT-% | ||||
ROA | -20.5 % | 55.0 % | 32.2 % | 1.7 % |
ROE | -34.8 % | 156.0 % | 88.4 % | -2.3 % |
ROI | -31.6 % | 82.1 % | 50.8 % | 2.8 % |
Economic value added (EVA) | -59.83 | 226.72 | 133.67 | 8.71 |
Solvency | ||||
Equity ratio | -41.1 % | 12.8 % | 49.2 % | 49.3 % |
Gearing | -158.2 % | 432.4 % | 14.5 % | 35.4 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.6 | 1.1 | 1.8 | 1.9 |
Current ratio | 0.6 | 1.1 | 1.8 | 1.9 |
Cash and cash equivalents | 51.00 | 410.45 | 231.21 | 66.84 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BBB |
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