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 571.4 kDKK in 2024. The operating profit was -113.2 kDKK, while net earnings were -72.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.4 %, 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 2.7 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 financials| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 386.21 | 1 362.19 | 1 393.70 | 630.38 | 571.45 | 
| EBIT | 546.25 | 504.89 | 655.51 | -50.08 | - 113.15 | 
| Net earnings | 474.79 | 421.80 | 570.16 | 14.79 | -72.36 | 
| Shareholders equity total | 4 347.29 | 4 469.09 | 4 739.25 | 4 454.04 | 4 081.69 | 
| Balance sheet total (assets) | 5 282.19 | 5 162.32 | 5 573.68 | 5 161.02 | 4 777.91 | 
| Net debt | - 680.36 | 178.96 | - 390.05 | - 946.95 | - 822.17 | 
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.9 % | 10.6 % | 13.6 % | 0.4 % | -1.8 % | 
| ROE | 11.3 % | 9.6 % | 12.4 % | 0.3 % | -1.7 % | 
| ROI | 14.5 % | 11.8 % | 14.5 % | 0.4 % | -1.9 % | 
| Economic value added (EVA) | 221.17 | 172.34 | 263.84 | - 299.50 | - 336.09 | 
| Solvency | |||||
| Equity ratio | 82.3 % | 86.6 % | 85.0 % | 86.3 % | 85.4 % | 
| Gearing | 9.1 % | 8.9 % | 9.8 % | 9.9 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.8 | 1.9 | 2.5 | 3.0 | 2.7 | 
| Current ratio | 4.0 | 5.4 | 5.0 | 5.3 | 4.7 | 
| Cash and cash equivalents | 680.36 | 227.06 | 813.71 | 1 383.43 | 1 227.23 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | BBB | 
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