Tullip Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 | - 222.21 | 3 166.53 | -3 881.29 | 1 306.03 | 1 103.83 |
Shareholders equity total | 13 753.56 | 16 864.80 | 12 927.00 | 14 175.83 | 15 220.76 |
Balance sheet total (assets) | 14 930.68 | 18 599.01 | 14 506.41 | 17 062.83 | 17 996.20 |
Net debt | -5 541.47 | -7 924.66 | -6 237.05 | -6 692.31 | -7 992.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.3 % | 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 | -75.03 | 19.87 |
Solvency | |||||
Equity ratio | 92.1 % | 90.7 % | 89.1 % | 83.1 % | 84.6 % |
Gearing | 8.5 % | 5.8 % | 12.2 % | 19.4 % | 18.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.6 | 7.3 | 5.5 | 3.8 | 4.0 |
Current ratio | 8.6 | 7.3 | 5.5 | 3.8 | 4.0 |
Cash and cash equivalents | 6 713.59 | 8 906.42 | 7 811.46 | 9 443.28 | 10 753.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | AA | AA |
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