T.K. Hviid A/S — Credit Rating and Financial Key Figures

CVR number: 38406558
Nordsøkaj 12, 7680 Thyborøn
info@tkhviid.dk

Credit rating

Company information

Official name
T.K. Hviid A/S
Personnel
3 persons
Established
2017
Company form
Limited company
Industry

About T.K. Hviid A/S

T.K. Hviid A/S (CVR number: 38406558) is a company from LEMVIG. The company recorded a gross profit of -4.1 kDKK in 2024. The operating profit was -7.3 kDKK, while net earnings were 776.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22 %, which can be considered excellent and Return on Equity (ROE) was 21.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T.K. Hviid A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 667.211 682.621 747.241 200.13-4.05
EBIT215.96152.96201.661 099.51-7.29
Net earnings207.84149.23190.772 091.07776.05
Shareholders equity total1 195.751 234.981 315.753 306.013 962.05
Balance sheet total (assets)1 942.202 636.373 201.443 633.234 249.80
Net debt- 403.75- 603.21- 644.52- 350.07251.98
Profitability
EBIT-%
ROA10.6 %6.7 %6.9 %69.0 %22.0 %
ROE18.1 %12.3 %15.0 %90.5 %21.4 %
ROI17.6 %12.2 %15.4 %100.4 %23.0 %
Economic value added (EVA)154.7091.21137.66908.50- 174.92
Solvency
Equity ratio61.6 %46.8 %41.1 %91.0 %93.2 %
Gearing2.8 %2.9 %2.7 %1.2 %6.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.31.41.2
Current ratio2.11.61.51.2
Cash and cash equivalents436.83638.56680.18391.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:22.0%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.2%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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