Tullip Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39124416
Hellevej 5, 2670 Greve
mtj@2msolutions.dk
tel: 27220800
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Company information

Official name
Tullip Holding ApS
Established
2017
Company form
Private limited company
Industry

About Tullip Holding ApS

Tullip Holding ApS (CVR number: 39124416) is a company from GREVE. The company recorded a gross profit of -11.3 kDKK in 2023. The operating profit was -11.3 kDKK, while net earnings were 1103.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 84.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Tullip Holding ApS's liquidity measured by quick ratio was 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.36-10.98-8.38-7.91-11.34
EBIT-8.36-10.98-8.38-7.91-11.34
Net earnings- 222.213 166.53-3 881.291 306.031 103.83
Shareholders equity total13 753.5616 864.8012 927.0014 175.8315 220.76
Balance sheet total (assets)14 930.6818 599.0114 506.4117 062.8317 996.20
Net debt-5 541.47-7 924.66-6 237.05-6 692.31-7 992.08
Profitability
EBIT-%
ROA5.3 %27.2 %-0.0 %25.5 %14.9 %
ROE-1.6 %20.7 %-26.1 %9.6 %7.5 %
ROI-0.9 %24.9 %-0.0 %8.5 %14.9 %
Economic value added (EVA)-73.27- 148.82- 205.85-75.0319.87
Solvency
Equity ratio92.1 %90.7 %89.1 %83.1 %84.6 %
Gearing8.5 %5.8 %12.2 %19.4 %18.1 %
Relative net indebtedness %
Liquidity
Quick ratio8.67.35.53.84.0
Current ratio8.67.35.53.84.0
Cash and cash equivalents6 713.598 906.427 811.469 443.2810 753.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:14.9%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.6%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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