TYGE TOLSTRUP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 59584510
Søndergården 7, 9640 Farsø
info@ttolstrup.dk
tel: 98633622

Company information

Official name
TYGE TOLSTRUP HOLDING ApS
Personnel
4 persons
Established
1976
Company form
Private limited company
Industry

About TYGE TOLSTRUP HOLDING ApS

TYGE TOLSTRUP HOLDING ApS (CVR number: 59584510) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 885.4 kDKK in 2023. The operating profit was 1137.9 kDKK, while net earnings were 3217.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 86.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TYGE TOLSTRUP HOLDING ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit901.36885.35
EBIT-2 779.00- 156.00717.00665.211 137.91
Net earnings2 267.004 342.00503.00- 867.523 217.94
Shareholders equity total55 990.0060 221.0042 024.0040 356.5041 674.45
Balance sheet total (assets)61 611.0062 417.0042 918.0041 214.1248 377.67
Net debt- 107.43- 779.27
Profitability
EBIT-%
ROA-4.4 %-0.3 %1.4 %0.3 %9.8 %
ROE4.0 %7.5 %1.0 %-2.1 %7.8 %
ROI-4.6 %-0.3 %1.4 %0.3 %10.6 %
Economic value added (EVA)-5 289.63-2 969.50-2 309.11-1 567.01- 805.39
Solvency
Equity ratio100.0 %100.0 %100.0 %98.1 %86.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.01.1
Current ratio3.71.1
Cash and cash equivalents107.43779.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAAA

Variable visualization

ROA:9.76%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.3%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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