Tunic Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tunic Holding ApS
Tunic Holding ApS (CVR number: 39310007) is a company from HILLERØD. The company recorded a gross profit of -23.4 kDKK in 2024. The operating profit was -23.4 kDKK, while net earnings were 131.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 37.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tunic Holding ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.22 | -23.08 | -7.81 | -7.43 | -23.42 |
EBIT | -0.22 | -23.08 | -7.81 | -7.43 | -23.42 |
Net earnings | 506.45 | 553.41 | 363.31 | 428.83 | 131.15 |
Shareholders equity total | 1 009.70 | 1 450.11 | 1 699.02 | 2 127.85 | 1 790.99 |
Balance sheet total (assets) | 3 417.82 | 3 880.52 | 4 604.91 | 4 942.79 | 4 757.35 |
Net debt | 625.08 | 1 994.65 | 1 945.50 | 2 264.42 | 2 865.04 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.5 % | 15.4 % | 8.7 % | 9.0 % | 2.7 % |
ROE | 62.5 % | 45.0 % | 23.1 % | 22.4 % | 6.7 % |
ROI | 21.4 % | 16.2 % | 9.2 % | 9.5 % | 2.8 % |
Economic value added (EVA) | -78.86 | - 185.88 | - 193.95 | - 224.49 | - 262.02 |
Solvency | |||||
Equity ratio | 29.5 % | 37.4 % | 36.9 % | 43.0 % | 37.6 % |
Gearing | 220.9 % | 155.5 % | 154.2 % | 123.1 % | 160.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 0.7 | 0.7 | 0.5 |
Current ratio | 0.7 | 0.7 | 0.7 | 0.7 | 0.5 |
Cash and cash equivalents | 1 605.05 | 259.62 | 674.94 | 356.02 | 16.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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