Tømmerholt & Højmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tømmerholt & Højmark ApS
Tømmerholt & Højmark ApS (CVR number: 37754749) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 1859.6 kDKK in 2023. The operating profit was -161.2 kDKK, while net earnings were -205.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -30.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.2 %, 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. Tømmerholt & Højmark ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 377.13 | 1 877.92 | 2 172.75 | 1 865.88 | 1 859.61 |
EBIT | 131.05 | 144.15 | 314.89 | 106.74 | - 161.17 |
Net earnings | -15.19 | 69.47 | 200.25 | 18.26 | - 205.88 |
Shareholders equity total | 490.18 | 559.65 | 759.90 | 778.16 | 572.29 |
Balance sheet total (assets) | 2 159.32 | 2 704.67 | 2 858.03 | 2 829.63 | 2 697.07 |
Net debt | 1 056.12 | 1 018.63 | 1 254.90 | 1 128.94 | 1 251.73 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.4 % | 5.9 % | 11.4 % | 4.0 % | -5.3 % |
ROE | -3.1 % | 13.2 % | 30.4 % | 2.4 % | -30.5 % |
ROI | 9.4 % | 7.7 % | 14.4 % | 5.5 % | -7.7 % |
Economic value added (EVA) | 92.05 | 25.37 | 156.31 | -43.75 | - 232.67 |
Solvency | |||||
Equity ratio | 22.7 % | 20.7 % | 26.6 % | 27.5 % | 21.2 % |
Gearing | 219.1 % | 190.0 % | 190.7 % | 149.4 % | 219.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 2.1 | 1.3 | 1.4 | 1.2 |
Current ratio | 1.3 | 2.2 | 1.4 | 1.5 | 1.2 |
Cash and cash equivalents | 17.71 | 44.94 | 194.19 | 33.73 | 3.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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