Tinglev Logistik ApS — Credit Rating and Financial Key Figures

CVR number: 31598885
Gammel Køge Landevej 57, 2500 Valby

Company information

Official name
Tinglev Logistik ApS
Established
2008
Company form
Private limited company
Industry

About Tinglev Logistik ApS

Tinglev Logistik ApS (CVR number: 31598885) is a company from KØBENHAVN. The company recorded a gross profit of 8127.4 kDKK in 2023. The operating profit was -6372.6 kDKK, while net earnings were 612.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor but Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 40 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Tinglev Logistik ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 022.814 479.899 665.937 835.418 127.41
EBIT-5 865.8912 540.6928 164.6434 335.41-6 372.59
Net earnings-5 875.819 299.4119 885.7924 658.16612.18
Shareholders equity total39 137.7448 437.1552 922.9470 269.4260 679.04
Balance sheet total (assets)109 940.38131 627.26141 149.00168 882.61151 631.59
Net debt53 590.1563 710.7463 306.2363 938.8464 404.66
Profitability
EBIT-%
ROA-5.4 %11.4 %20.7 %22.2 %-3.8 %
ROE-14.0 %21.2 %39.2 %40.0 %0.9 %
ROI-5.6 %11.9 %21.3 %22.5 %-3.9 %
Economic value added (EVA)-8 255.965 890.2116 415.1421 099.80-11 268.50
Solvency
Equity ratio36.0 %36.8 %37.5 %41.6 %40.0 %
Gearing137.4 %131.8 %119.6 %95.2 %110.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.25.30.71.80.9
Current ratio0.25.30.71.80.9
Cash and cash equivalents191.06107.702 941.272 753.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAAAA

Variable visualization

ROA:-3.79%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.0%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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