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T. TOVGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32443397
Spurvevej 32, 8930 Randers NØ
Free credit report Annual report

Company information

Official name
T. TOVGAARD HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About T. TOVGAARD HOLDING ApS

T. TOVGAARD HOLDING ApS (CVR number: 32443397) is a company from RANDERS. The company recorded a gross profit of 2.8 kDKK in 2025. The operating profit was 2.8 kDKK, while net earnings were 493.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T. TOVGAARD HOLDING ApS's liquidity measured by quick ratio was 43.9 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales471.98180.27518.61
Gross profit476.73184.39522.420.902.75
EBIT476.73184.39522.420.902.75
Net earnings470.37177.94519.30506.75493.16
Shareholders equity total4 419.034 482.574 884.075 268.825 626.98
Balance sheet total (assets)4 424.304 493.444 894.945 281.085 639.30
Net debt- 487.37- 519.69- 402.78- 490.53- 523.75
Profitability
EBIT-%101.0 %102.3 %100.7 %
ROA11.2 %4.1 %11.1 %10.1 %9.2 %
ROE11.1 %4.0 %11.1 %10.0 %9.1 %
ROI11.2 %4.1 %11.1 %10.1 %9.2 %
Economic value added (EVA)273.08-36.99296.68- 245.03- 262.91
Solvency
Equity ratio99.9 %99.8 %99.8 %99.8 %99.8 %
Gearing0.1 %0.1 %0.1 %0.1 %
Relative net indebtedness %-102.1 %-285.5 %-76.7 %
Liquidity
Quick ratio94.549.438.641.343.9
Current ratio94.549.438.641.343.9
Cash and cash equivalents487.37525.57408.65496.41529.62
Capital use efficiency
Trade debtors turnover (days)7.720.27.0
Net working capital %104.4 %291.7 %78.8 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:9.18%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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