TING- OG ARRESTHUS FONDEN I ESBJERG
Credit rating
Company information
About TING- OG ARRESTHUS FONDEN I ESBJERG
TING- OG ARRESTHUS FONDEN I ESBJERG (CVR number: 25513320) is a company from ESBJERG. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a growth of 9.9 % compared to the previous year. The operating profit percentage was poor at -97.5 % (EBIT: -1.6 mDKK), while net earnings were 23.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -65 %, which can be considered poor but Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TING- OG ARRESTHUS FONDEN I ESBJERG's liquidity measured by quick ratio was 14.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 372.93 | 1 401.93 | 1 443.19 | 1 481.19 | 1 627.15 |
Gross profit | - 143.10 | -80.28 | - 180.12 | - 280.84 | -4.66 |
EBIT | - 143.10 | -80.28 | -1 789.93 | -1 960.24 | -1 586.44 |
Net earnings | - 146.24 | -92.15 | - 194.33 | - 292.45 | 23.65 |
Shareholders equity total | 2 181.05 | 2 088.90 | 1 894.56 | 1 602.11 | 1 625.76 |
Balance sheet total (assets) | 2 834.15 | 2 757.63 | 2 631.85 | 2 363.38 | 2 427.87 |
Net debt | -1 919.84 | -1 869.11 | -1 783.60 | -1 612.72 | -1 605.38 |
Profitability | |||||
EBIT-% | -10.4 % | -5.7 % | -124.0 % | -132.3 % | -97.5 % |
ROA | -5.0 % | -2.9 % | -66.4 % | -78.5 % | -65.0 % |
ROE | -6.5 % | -4.3 % | -9.8 % | -16.7 % | 1.5 % |
ROI | -5.0 % | -2.9 % | -67.2 % | -93.7 % | -96.5 % |
Economic value added (EVA) | - 155.51 | -93.41 | -1 800.97 | -1 965.82 | -1 585.91 |
Solvency | |||||
Equity ratio | 77.0 % | 75.7 % | 72.0 % | 67.8 % | 67.0 % |
Gearing | |||||
Relative net indebtedness % | -92.3 % | -85.6 % | -72.5 % | -57.5 % | -49.4 % |
Liquidity | |||||
Quick ratio | 175.9 | 168.3 | 36.8 | 22.4 | 14.9 |
Current ratio | 175.9 | 168.3 | 36.8 | 22.4 | 14.9 |
Cash and cash equivalents | 1 919.84 | 1 869.11 | 1 783.60 | 1 612.72 | 1 605.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 152.9 % | 143.2 % | 126.5 % | 108.4 % | 99.3 % |
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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