STEEN TYGESEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About STEEN TYGESEN A/S
STEEN TYGESEN A/S (CVR number: 66733114) is a company from SKANDERBORG. The company recorded a gross profit of -375.5 kDKK in 2023. The operating profit was -1106.1 kDKK, while net earnings were 7612.2 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 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. STEEN TYGESEN A/S's liquidity measured by quick ratio was 30.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 192.98 | - 373.37 | - 193.33 | - 388.35 | - 375.47 |
EBIT | - 624.09 | -1 184.93 | -1 052.14 | -1 193.39 | -1 106.09 |
Net earnings | 1 730.38 | 19 496.35 | -5 811.25 | 5 303.41 | 7 612.24 |
Shareholders equity total | 65 076.19 | 82 572.54 | 74 761.29 | 78 064.70 | 82 676.95 |
Balance sheet total (assets) | 66 898.08 | 87 046.53 | 75 198.71 | 79 034.31 | 85 499.42 |
Net debt | -34 242.58 | -85 924.16 | -72 574.29 | -77 089.88 | -83 594.49 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.2 % | 30.1 % | 1.7 % | 10.9 % | 12.2 % |
ROE | 2.7 % | 26.4 % | -7.4 % | 6.9 % | 9.5 % |
ROI | 3.2 % | 30.9 % | 1.7 % | 10.9 % | 12.3 % |
Economic value added (EVA) | -1 012.62 | -1 375.85 | - 623.08 | -1 021.52 | - 865.94 |
Solvency | |||||
Equity ratio | 97.3 % | 94.9 % | 99.4 % | 98.8 % | 96.7 % |
Gearing | 2.1 % | 0.7 % | 0.5 % | 1.2 % | 2.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 32.2 | 92.6 | 170.9 | 81.2 | 30.4 |
Current ratio | 32.2 | 92.6 | 170.9 | 81.2 | 30.4 |
Cash and cash equivalents | 35 615.12 | 86 513.93 | 72 951.40 | 78 000.21 | 85 335.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | A | AA |
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