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Tullip Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39124416
Hellevej 5, 2670 Greve
mtj@2msolutions.dk
tel: 27220800
Free credit report Annual report

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 -9.1 kDKK in 2024. The operating profit was -9.1 kDKK, while net earnings were -2856.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was -20.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Tullip Holding ApS's liquidity measured by quick ratio was 2.5 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-10.98-8.38-7.91-11.34-9.13
EBIT-10.98-8.38-7.91-11.34-9.13
Net earnings3 166.53-3 881.291 306.031 103.83-2 856.15
Shareholders equity total16 864.8012 927.0014 175.8315 220.7612 303.61
Balance sheet total (assets)18 599.0114 506.4117 062.8317 996.2016 047.03
Net debt-7 924.66-6 237.05-6 692.31-7 992.08-5 318.14
Profitability
EBIT-%
ROA27.2 %-0.0 %25.5 %14.9 %2.8 %
ROE20.7 %-26.1 %9.6 %7.5 %-20.8 %
ROI24.9 %-0.0 %8.5 %14.9 %2.9 %
Economic value added (EVA)- 758.90- 904.61- 736.60- 861.92- 912.72
Solvency
Equity ratio90.7 %89.1 %83.1 %84.6 %76.7 %
Gearing5.8 %12.2 %19.4 %18.1 %28.5 %
Relative net indebtedness %
Liquidity
Quick ratio7.35.53.84.02.5
Current ratio7.35.53.84.02.5
Cash and cash equivalents8 906.427 811.469 443.2810 753.668 827.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:2.84%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.7%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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