Tine K Home Holding A/S — Credit Rating and Financial Key Figures

CVR number: 40860924
M.P. Allerups Vej 45 G, Fraugde 5220 Odense SØ

Company information

Official name
Tine K Home Holding A/S
Established
2019
Domicile
Fraugde
Company form
Limited company
Industry

About Tine K Home Holding A/S

Tine K Home Holding A/S (CVR number: 40860924) is a company from ODENSE. The company recorded a gross profit of -35.8 kDKK in 2024. The operating profit was -35.8 kDKK, while net earnings were -5865.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -81.9 %, which can be considered poor and Return on Equity (ROE) was -127.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tine K Home Holding A/S's liquidity measured by quick ratio was 0.2 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 profit-10.11-27.31-43.53-29.29-35.84
EBIT-10.11-27.31-43.53-29.29-35.84
Net earnings600.31-1 781.531 159.97-3 438.46-5 865.66
Shareholders equity total11 819.349 924.8110 970.387 531.911 666.26
Balance sheet total (assets)13 013.1911 714.7112 758.519 942.824 286.75
Net debt31.99131.37644.76533.95498.25
Profitability
EBIT-%
ROA5.3 %-12.4 %10.4 %-30.1 %-81.9 %
ROE5.2 %-16.4 %11.1 %-37.2 %-127.5 %
ROI5.4 %-13.6 %11.7 %-31.7 %-82.6 %
Economic value added (EVA)- 579.02- 661.74- 591.72- 662.70- 542.00
Solvency
Equity ratio87.9 %79.1 %79.4 %75.8 %38.9 %
Gearing4.2 %3.1 %6.4 %8.3 %36.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.20.30.2
Current ratio0.40.40.20.30.2
Cash and cash equivalents465.96174.2560.3089.99103.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBB

Variable visualization

ROA:-81.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.9%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.