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

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

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 1200.1 kDKK in 2023. The operating profit was 1099.5 kDKK, while net earnings were 2091.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 69 %, which can be considered excellent and Return on Equity (ROE) was 90.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91 %, 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 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit1 356.511 667.211 682.621 747.241 200.13
EBIT- 550.93215.96152.96201.661 099.51
Net earnings- 562.96207.84149.23190.772 091.07
Shareholders equity total1 097.911 195.751 234.981 315.753 306.01
Balance sheet total (assets)2 136.991 942.202 636.373 201.443 633.23
Net debt- 821.38- 403.75- 603.21- 644.52- 350.07
Profitability
EBIT-%
ROA-22.9 %10.6 %6.7 %6.9 %69.0 %
ROE-39.4 %18.1 %12.3 %15.0 %90.5 %
ROI-36.9 %17.6 %12.2 %15.4 %100.4 %
Economic value added (EVA)- 584.21208.16114.82171.53944.47
Solvency
Equity ratio51.4 %61.6 %46.8 %41.1 %91.0 %
Gearing11.0 %2.8 %2.9 %2.7 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.71.31.41.2
Current ratio1.62.11.61.51.2
Cash and cash equivalents942.68436.83638.56680.18391.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:69.0%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.0%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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