KRISTIAN NIELSEN TINGHEDEN A/S — Credit Rating and Financial Key Figures

CVR number: 10284937
Østerbækvej 4, Sdr Vium 6893 Hemmet
tel: 97375777

Credit rating

Company information

Official name
KRISTIAN NIELSEN TINGHEDEN A/S
Personnel
13 persons
Established
1986
Domicile
Sdr Vium
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About KRISTIAN NIELSEN TINGHEDEN A/S

KRISTIAN NIELSEN TINGHEDEN A/S (CVR number: 10284937) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 3033.8 kDKK in 2024. The operating profit was 1118.7 kDKK, while net earnings were 796.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 52.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KRISTIAN NIELSEN TINGHEDEN A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit3 895.473 807.914 078.474 291.543 033.75
EBIT2 426.102 107.612 332.912 536.871 118.65
Net earnings1 820.641 643.611 764.071 902.94796.78
Shareholders equity total7 689.087 832.698 096.767 999.717 096.49
Balance sheet total (assets)14 810.4416 142.6212 898.3913 175.8813 515.02
Net debt2 171.56692.13803.021 250.622 939.23
Profitability
EBIT-%
ROA16.7 %14.8 %16.7 %20.5 %9.0 %
ROE24.2 %21.2 %22.1 %23.6 %10.6 %
ROI20.4 %19.3 %21.8 %26.1 %11.1 %
Economic value added (EVA)1 592.541 348.481 611.361 641.51524.02
Solvency
Equity ratio51.9 %48.5 %62.8 %60.7 %52.5 %
Gearing52.0 %51.1 %26.3 %28.5 %58.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.70.40.30.5
Current ratio1.91.92.52.31.9
Cash and cash equivalents1 828.443 307.871 330.151 029.421 205.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.98%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.5%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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