B.L. HOLDING TINGHØJ ApS — Credit Rating and Financial Key Figures

CVR number: 26851238
Langhedevej 9, Tinghøj 6800 Varde

Company information

Official name
B.L. HOLDING TINGHØJ ApS
Established
2002
Domicile
Tinghøj
Company form
Private limited company
Industry

About B.L. HOLDING TINGHØJ ApS

B.L. HOLDING TINGHØJ ApS (CVR number: 26851238) is a company from VARDE. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -20.9 % compared to the previous year. The operating profit percentage was at 62.5 % (EBIT: 0 mDKK), while net earnings were 365 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. B.L. HOLDING TINGHØJ ApS's liquidity measured by quick ratio was 316.8 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
2019
2020
2021
2022
2023
Volume
Net sales151.00156.00163.0076.0060.15
Gross profit144.00148.00162.0039.0037.60
EBIT144.00148.00162.0039.0037.60
Net earnings163.00- 197.00345.00- 281.00365.04
Shareholders equity total3 907.003 599.003 831.003 435.003 683.10
Balance sheet total (assets)3 920.003 643.003 900.003 472.003 693.47
Net debt-1 191.00-1 483.00-2 325.00-2 550.00-2 703.49
Profitability
EBIT-%95.4 %94.9 %99.4 %51.3 %62.5 %
ROA4.3 %8.3 %10.6 %5.5 %10.2 %
ROE4.2 %-5.2 %9.3 %-7.7 %10.3 %
ROI4.3 %8.4 %10.8 %5.6 %10.3 %
Economic value added (EVA)51.20108.12115.8616.4939.71
Solvency
Equity ratio99.7 %98.8 %98.2 %98.9 %99.7 %
Gearing0.3 %
Relative net indebtedness %-780.1 %-922.4 %-1390.2 %-3306.6 %-4477.3 %
Liquidity
Quick ratio249.864.048.784.5316.8
Current ratio249.864.048.784.5316.8
Cash and cash equivalents1 191.001 483.002 335.002 550.002 703.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %2142.4 %1043.6 %587.7 %1500.0 %1681.8 %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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