TRINDKJÆRGÅRD A/S — Credit Rating and Financial Key Figures

CVR number: 30697731
Skovsbovej 8, Langelund 7323 Give

Credit rating

Company information

Official name
TRINDKJÆRGÅRD A/S
Established
2007
Domicile
Langelund
Company form
Limited company
Industry

About TRINDKJÆRGÅRD A/S

TRINDKJÆRGÅRD A/S (CVR number: 30697731) is a company from VEJLE. The company recorded a gross profit of 2011.4 kDKK in 2023. The operating profit was 1036.7 kDKK, while net earnings were -457.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TRINDKJÆRGÅRD 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 227.881 190.601 978.801 987.182 011.39
EBIT499.42446.931 046.551 009.911 036.75
Net earnings138.9673.00349.55447.56- 457.05
Shareholders equity total7 662.237 735.248 084.788 532.358 075.30
Balance sheet total (assets)32 697.0232 246.7847 483.0546 982.7845 462.00
Net debt22 617.5621 608.4936 703.5135 886.9932 560.53
Profitability
EBIT-%
ROA1.5 %1.4 %2.7 %2.2 %2.3 %
ROE1.8 %0.9 %4.4 %5.4 %-5.5 %
ROI1.6 %1.5 %2.8 %2.2 %2.4 %
Economic value added (EVA)-1 127.85-1 193.36- 856.94-1 483.48-1 475.77
Solvency
Equity ratio23.4 %24.0 %17.0 %18.2 %17.8 %
Gearing296.2 %279.8 %454.3 %420.6 %403.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.30.40.2
Current ratio0.20.20.30.40.2
Cash and cash equivalents76.9134.9525.3331.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:2.29%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.8%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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