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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

Credit rating

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 ratingABBBAABBB

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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