TIKØB KORN- OG FODERSTOFFORRETNING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TIKØB KORN- OG FODERSTOFFORRETNING A/S
TIKØB KORN- OG FODERSTOFFORRETNING A/S (CVR number: 42106917) is a company from HELSINGØR. The company recorded a gross profit of 630.4 kDKK in 2023. The operating profit was -50.1 kDKK, while net earnings were 14.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TIKØB KORN- OG FODERSTOFFORRETNING A/S's liquidity measured by quick ratio was 3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 430.83 | 1 386.21 | 1 362.19 | 1 393.70 | 630.38 |
EBIT | - 390.42 | 546.25 | 504.89 | 655.51 | -50.08 |
Net earnings | - 262.03 | 474.79 | 421.80 | 570.16 | 14.79 |
Shareholders equity total | 4 072.50 | 4 347.29 | 4 469.09 | 4 739.25 | 4 454.04 |
Balance sheet total (assets) | 4 984.18 | 5 282.19 | 5 162.32 | 5 573.68 | 5 161.02 |
Net debt | - 235.58 | - 680.36 | 178.96 | - 390.05 | - 946.95 |
Profitability | |||||
EBIT-% | |||||
ROA | -6.1 % | 11.9 % | 10.6 % | 13.6 % | 0.4 % |
ROE | -5.9 % | 11.3 % | 9.6 % | 12.4 % | 0.3 % |
ROI | -7.4 % | 14.5 % | 11.8 % | 14.5 % | 0.4 % |
Economic value added (EVA) | - 496.47 | 233.01 | 209.35 | 298.00 | - 235.41 |
Solvency | |||||
Equity ratio | 81.7 % | 82.3 % | 86.6 % | 85.0 % | 86.3 % |
Gearing | 9.1 % | 8.9 % | 9.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.8 | 1.9 | 2.5 | 3.0 |
Current ratio | 3.5 | 4.0 | 5.4 | 5.0 | 5.3 |
Cash and cash equivalents | 235.58 | 680.36 | 227.06 | 813.71 | 1 383.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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