TINGSTRUP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29219400
Volsted Bygade 61, 9530 Støvring

Company information

Official name
TINGSTRUP HOLDING ApS
Established
2005
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings953.03900.73949.47669.94737.39
Shareholders equity total6 411.757 312.488 261.958 931.899 669.28
Balance sheet total (assets)8 186.059 340.2410 478.4011 635.6912 454.39
Net debt-3 346.56-3 517.08-4 264.72-3 117.46-5 454.89
Profitability
EBIT-%
ROA16.3 %13.3 %12.4 %15.9 %8.4 %
ROE16.1 %13.1 %12.2 %7.8 %7.9 %
ROI16.9 %14.0 %13.1 %17.4 %9.4 %
Economic value added (EVA)- 148.42- 166.6284.2890.25121.85
Solvency
Equity ratio78.3 %78.3 %78.8 %76.8 %77.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio8.97.56.62.55.2
Current ratio8.97.56.62.55.2
Cash and cash equivalents3 346.563 517.084 264.723 117.465 454.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:8.45%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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