TINGSTRUP HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TINGSTRUP HOLDING ApS
TINGSTRUP HOLDING ApS (CVR number: 29219400) is a company from AALBORG. The company recorded a gross profit of -19.7 kDKK in 2023. The operating profit was -19.7 kDKK, while net earnings were 737.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.6 %, 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. TINGSTRUP HOLDING ApS's liquidity measured by quick ratio was 5.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -19.51 | -17.75 | -21.19 | -16.48 | -19.73 |
EBIT | -19.51 | -17.75 | -21.19 | -16.48 | -19.73 |
Net earnings | 953.03 | 900.73 | 949.47 | 669.94 | 737.39 |
Shareholders equity total | 6 411.75 | 7 312.48 | 8 261.95 | 8 931.89 | 9 669.28 |
Balance sheet total (assets) | 8 186.05 | 9 340.24 | 10 478.40 | 11 635.69 | 12 454.39 |
Net debt | -3 346.56 | -3 517.08 | -4 264.72 | -3 117.46 | -5 454.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.3 % | 13.3 % | 12.4 % | 15.9 % | 8.4 % |
ROE | 16.1 % | 13.1 % | 12.2 % | 7.8 % | 7.9 % |
ROI | 16.9 % | 14.0 % | 13.1 % | 17.4 % | 9.4 % |
Economic value added (EVA) | - 148.42 | - 166.62 | 84.28 | 90.25 | 121.85 |
Solvency | |||||
Equity ratio | 78.3 % | 78.3 % | 78.8 % | 76.8 % | 77.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.9 | 7.5 | 6.6 | 2.5 | 5.2 |
Current ratio | 8.9 | 7.5 | 6.6 | 2.5 | 5.2 |
Cash and cash equivalents | 3 346.56 | 3 517.08 | 4 264.72 | 3 117.46 | 5 454.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
Variable visualization
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