TOICO A/S — Credit Rating and Financial Key Figures

CVR number: 26647533
Stæremosen 55, 3250 Gilleleje

Credit rating

Company information

Official name
TOICO A/S
Established
2002
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About TOICO A/S

TOICO A/S (CVR number: 26647533) is a company from GRIBSKOV. The company recorded a gross profit of 2221.4 kDKK in 2023. The operating profit was 2064.2 kDKK, while net earnings were 1545.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.4 %, which can be considered excellent and Return on Equity (ROE) was 76 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.7 %, 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. TOICO A/S's liquidity measured by quick ratio was 4.1 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 profit769.82592.56727.33496.422 221.44
EBIT452.62275.35412.44193.112 064.18
Net earnings132.02-19.69285.9642.241 545.94
Shareholders equity total953.78934.091 220.051 262.292 808.23
Balance sheet total (assets)8 216.207 810.177 687.107 312.727 251.59
Net debt5 952.245 784.125 074.914 755.96- 539.90
Profitability
EBIT-%
ROA5.5 %3.4 %7.3 %5.3 %28.4 %
ROE14.9 %-2.1 %26.5 %3.4 %76.0 %
ROI6.0 %3.7 %7.9 %5.8 %30.2 %
Economic value added (EVA)-24.31- 133.27-57.09- 161.061 606.79
Solvency
Equity ratio11.6 %12.0 %15.9 %17.3 %38.7 %
Gearing647.1 %631.8 %440.5 %392.9 %130.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.50.34.1
Current ratio0.40.30.50.34.1
Cash and cash equivalents219.66117.09299.74203.244 189.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:28.4%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.7%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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