TINE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29215677
Lindevej 29, Roskilde 4000 Roskilde

Company information

Official name
TINE HOLDING ApS
Established
2005
Domicile
Roskilde
Company form
Private limited company
Industry

About TINE HOLDING ApS

TINE HOLDING ApS (CVR number: 29215677) is a company from ROSKILDE. The company recorded a gross profit of -1.9 kDKK in 2023. The operating profit was -1.9 kDKK, while net earnings were 41.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TINE HOLDING ApS's liquidity measured by quick ratio was 5.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-1.88-1.88-2.38-1.88-1.88
EBIT-1.88-1.88-2.38-1.88-1.88
Net earnings237.50340.62301.5419.1141.43
Shareholders equity total1 452.511 682.531 871.071 775.781 699.41
Balance sheet total (assets)1 479.421 709.441 897.981 917.091 870.72
Net debt23.90- 365.06- 304.53- 436.64-58.33
Profitability
EBIT-%
ROA17.4 %21.4 %16.7 %1.1 %2.4 %
ROE17.8 %21.7 %17.0 %1.0 %2.4 %
ROI17.5 %21.4 %16.8 %1.1 %2.5 %
Economic value added (EVA)50.5262.6054.2548.1117.12
Solvency
Equity ratio98.2 %98.4 %98.6 %92.6 %90.8 %
Gearing1.6 %1.4 %1.3 %7.8 %7.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.017.422.47.85.9
Current ratio3.017.422.47.85.9
Cash and cash equivalents0.01388.97328.44574.95191.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:2.44%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.8%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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