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TOICO VENTILATION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TOICO VENTILATION A/S
TOICO VENTILATION A/S (CVR number: 32673937) is a company from GRIBSKOV. The company recorded a gross profit of 2061.6 kDKK in 2024. The operating profit was -6.3 kDKK, while net earnings were -106.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71 %, 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. TOICO VENTILATION A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 366.03 | 2 679.27 | 2 337.01 | 2 001.15 | 2 061.61 |
| EBIT | 346.79 | 205.35 | 274.98 | 286.65 | -6.28 |
| Net earnings | 266.20 | 176.46 | 200.53 | 193.93 | - 106.65 |
| Shareholders equity total | 1 530.12 | 1 593.58 | 1 679.70 | 1 873.63 | 1 766.98 |
| Balance sheet total (assets) | 2 522.19 | 2 518.89 | 2 852.14 | 2 747.34 | 2 490.24 |
| Net debt | 142.89 | 277.27 | 628.11 | 149.95 | -2.94 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 14.5 % | 8.5 % | 10.7 % | 10.3 % | -0.2 % |
| ROE | 18.3 % | 11.3 % | 12.3 % | 10.9 % | -5.9 % |
| ROI | 21.2 % | 11.4 % | 13.4 % | 12.7 % | -0.3 % |
| Economic value added (EVA) | 193.92 | 87.84 | 102.91 | 81.03 | - 115.79 |
| Solvency | |||||
| Equity ratio | 60.7 % | 63.3 % | 58.9 % | 68.2 % | 71.0 % |
| Gearing | 17.2 % | 22.6 % | 37.4 % | 16.2 % | 8.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.7 | 0.7 | 0.3 | 0.7 | 1.1 |
| Current ratio | 2.2 | 2.4 | 1.6 | 2.6 | 3.6 |
| Cash and cash equivalents | 120.80 | 82.37 | 0.06 | 153.59 | 160.02 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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