Tanderup Holding ApS — Credit Rating and Financial Key Figures

CVR number: 29632219
Frederiksgade 36, 7800 Skive

Company information

Official name
Tanderup Holding ApS
Established
2006
Company form
Private limited company
Industry

About Tanderup Holding ApS

Tanderup Holding ApS (CVR number: 29632219) is a company from SKIVE. The company recorded a gross profit of 296.9 kDKK in 2023. The operating profit was 496.9 kDKK, while net earnings were 418.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Tanderup Holding ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit184.98173.3068.91178.33296.86
EBIT184.98573.3068.91178.33496.86
Net earnings126.33519.5240.01129.18418.69
Shareholders equity total2 577.933 097.453 313.153 442.343 743.22
Balance sheet total (assets)3 609.213 905.673 919.673 946.684 185.94
Net debt789.11669.47475.62284.89161.32
Profitability
EBIT-%
ROA5.2 %15.3 %1.8 %4.5 %12.2 %
ROE5.0 %18.3 %1.2 %3.8 %11.7 %
ROI5.4 %15.8 %1.8 %4.7 %12.8 %
Economic value added (EVA)7.23399.95- 117.38-39.50248.36
Solvency
Equity ratio71.4 %79.3 %84.5 %87.2 %89.4 %
Gearing34.8 %21.8 %14.9 %9.6 %6.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.00.10.20.4
Current ratio0.20.00.10.20.4
Cash and cash equivalents109.215.6719.6746.6885.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.4%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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