Tinghøj Smede A/S — Credit Rating and Financial Key Figures

CVR number: 25455800
Nørremarksvej 195, 6800 Varde
Info@tinghoejvvs.dk
tel: 75261331
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Company information

Official name
Tinghøj Smede A/S
Personnel
1 person
Established
2000
Company form
Limited company
Industry

About Tinghøj Smede A/S

Tinghøj Smede A/S (CVR number: 25455800) is a company from VARDE. The company recorded a gross profit of 272.8 kDKK in 2024. The operating profit was -214.9 kDKK, while net earnings were -143 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.8 %, which can be considered poor and Return on Equity (ROE) was -8.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Tinghøj Smede A/S's liquidity measured by quick ratio was 46.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit608.32532.801 473.75418.13272.79
EBIT19.09-54.72914.91- 224.67- 214.87
Net earnings7.16-51.30699.58- 165.35- 143.01
Shareholders equity total1 203.851 152.541 852.131 686.771 543.76
Balance sheet total (assets)2 091.741 896.282 257.271 830.691 578.00
Net debt- 764.19- 448.07- 959.16- 824.79- 411.50
Profitability
EBIT-%
ROA1.0 %-2.6 %44.3 %-10.4 %-10.8 %
ROE0.6 %-4.4 %46.6 %-9.3 %-8.9 %
ROI1.2 %-2.9 %51.2 %-12.0 %-11.3 %
Economic value added (EVA)-74.04- 132.44617.44- 268.28- 252.42
Solvency
Equity ratio57.6 %60.8 %82.1 %92.1 %97.8 %
Gearing37.9 %41.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.55.312.146.1
Current ratio1.92.15.312.146.1
Cash and cash equivalents1 220.19924.63959.16824.79411.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-10.8%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.8%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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