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 -418 kDKK in 2024. The operating profit was -1118 kDKK, while net earnings were 2723.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.3 %, 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 91.3 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 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 373.37 | - 193.33 | - 388.35 | - 375.47 | - 418.04 |
| EBIT | -1 184.93 | -1 052.14 | -1 193.39 | -1 106.09 | -1 117.95 |
| Net earnings | 19 496.35 | -5 811.25 | 5 303.41 | 7 612.24 | 2 723.57 |
| Shareholders equity total | 82 572.54 | 74 761.29 | 78 064.70 | 82 676.95 | 76 100.51 |
| Balance sheet total (assets) | 87 046.53 | 75 198.71 | 79 034.31 | 85 499.42 | 77 390.23 |
| Net debt | -85 924.16 | -72 574.29 | -77 089.88 | -83 594.49 | -76 578.37 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 30.1 % | 1.7 % | 10.9 % | 12.2 % | 5.1 % |
| ROE | 26.4 % | -7.4 % | 6.9 % | 9.5 % | 3.4 % |
| ROI | 30.9 % | 1.7 % | 10.9 % | 12.3 % | 5.2 % |
| Economic value added (EVA) | -4 267.12 | -5 002.24 | -4 706.28 | -4 831.19 | -5 116.65 |
| Solvency | |||||
| Equity ratio | 94.9 % | 99.4 % | 98.8 % | 96.7 % | 98.3 % |
| Gearing | 0.7 % | 0.5 % | 1.2 % | 2.1 % | 0.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 92.6 | 170.9 | 81.2 | 30.4 | 91.3 |
| Current ratio | 92.6 | 170.9 | 81.2 | 30.4 | 91.3 |
| Cash and cash equivalents | 86 513.93 | 72 951.40 | 78 000.21 | 85 335.70 | 77 128.54 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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