TOVGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29169721
Stenagervænget 26, 7100 Vejle
larstorvgaard@stofanet.dk
tel: 76654243

Company information

Official name
TOVGAARD HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About TOVGAARD HOLDING ApS

TOVGAARD HOLDING ApS (CVR number: 29169721) is a company from VEJLE. The company recorded a gross profit of -5 kDKK in 2024. The operating profit was -5 kDKK, while net earnings were 1687.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.7 %, which can be considered excellent and Return on Equity (ROE) was 31.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TOVGAARD HOLDING ApS's liquidity measured by quick ratio was 623.7 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-4.11-4.19-4.25-4.38-4.95
EBIT-4.11-4.19-4.25-4.38-4.95
Net earnings218.59- 230.621 231.57210.691 687.79
Shareholders equity total3 726.233 382.614 499.784 592.676 158.45
Balance sheet total (assets)3 896.823 387.614 504.784 597.676 163.46
Net debt-1 662.57- 607.10- 605.30-2 040.64-2 930.31
Profitability
EBIT-%
ROA6.1 %-6.0 %31.5 %4.9 %31.7 %
ROE6.0 %-6.5 %31.2 %4.6 %31.4 %
ROI6.1 %-6.0 %31.6 %4.9 %31.8 %
Economic value added (EVA)- 185.02- 199.42- 173.35- 229.58- 234.69
Solvency
Equity ratio95.6 %99.9 %99.9 %99.9 %99.9 %
Gearing4.3 %0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio12.8424.3407.3633.7623.7
Current ratio12.8424.3407.3633.7623.7
Cash and cash equivalents1 821.53608.10606.302 041.642 931.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBA

Variable visualization

ROA:31.7%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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