TINGKÆR AUKTIONER KOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TINGKÆR AUKTIONER KOLDING ApS
TINGKÆR AUKTIONER KOLDING ApS (CVR number: 10161053) is a company from ODENSE. The company recorded a gross profit of -7.5 kDKK in 2024. The operating profit was -7.5 kDKK, while net earnings were -51.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.9 %, which can be considered poor and Return on Equity (ROE) was -94.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TINGKÆR AUKTIONER KOLDING ApS's liquidity measured by quick ratio was 3.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -47.58 | -16.85 | -19.38 | -11.43 | -7.50 |
| EBIT | - 972.81 | -16.85 | -19.38 | -11.43 | -7.50 |
| Net earnings | - 805.45 | -21.13 | -19.70 | -15.04 | -51.09 |
| Shareholders equity total | 135.36 | 114.23 | 94.53 | 79.49 | 28.39 |
| Balance sheet total (assets) | 1 680.09 | 1 632.53 | 1 652.23 | 94.49 | 39.65 |
| Net debt | 1 441.37 | 1 496.43 | 1 535.83 | ||
| Profitability | |||||
| EBIT-% | |||||
| ROA | -59.4 % | 0.2 % | 0.2 % | 1.3 % | -9.9 % |
| ROE | -583.3 % | -16.9 % | -18.9 % | -17.3 % | -94.7 % |
| ROI | -73.2 % | 0.2 % | 0.2 % | 1.4 % | -12.3 % |
| Economic value added (EVA) | - 808.99 | -95.24 | -95.59 | -90.84 | -9.32 |
| Solvency | |||||
| Equity ratio | 8.1 % | 7.0 % | 5.7 % | 84.1 % | 71.6 % |
| Gearing | 1102.3 % | 1310.0 % | 1624.7 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | 1.1 | 1.1 | 6.3 | 3.5 |
| Current ratio | 1.1 | 1.1 | 1.1 | 6.3 | 3.5 |
| Cash and cash equivalents | 50.73 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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