VESTJYSK TRAKTORIMPORT. TIPHEDE A/S — Credit Rating and Financial Key Figures

CVR number: 10025982
Timringvej 16, 7480 Vildbjerg
tel: 97384122

Credit rating

Company information

Official name
VESTJYSK TRAKTORIMPORT. TIPHEDE A/S
Personnel
1 person
Established
1985
Company form
Limited company
Industry

About VESTJYSK TRAKTORIMPORT. TIPHEDE A/S

VESTJYSK TRAKTORIMPORT. TIPHEDE A/S (CVR number: 10025982) is a company from HERNING. The company recorded a gross profit of 60.4 kDKK in 2024. The operating profit was 9.9 kDKK, while net earnings were 100.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.5 %, 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. VESTJYSK TRAKTORIMPORT. TIPHEDE A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit167.94171.14123.74154.9960.42
EBIT119.50119.7476.91103.229.89
Net earnings196.72211.48-41.11239.89100.19
Shareholders equity total2 204.992 416.472 375.352 615.242 715.43
Balance sheet total (assets)2 839.243 409.413 032.972 964.523 501.53
Net debt- 272.93601.05215.15-12.042.63
Profitability
EBIT-%
ROA9.2 %15.6 %20.2 %10.0 %4.1 %
ROE9.3 %9.2 %-1.7 %9.6 %3.8 %
ROI9.5 %12.0 %-2.6 %10.4 %4.6 %
Economic value added (EVA)-4.92-9.54-65.74-27.32- 121.50
Solvency
Equity ratio77.7 %70.9 %78.3 %88.2 %77.5 %
Gearing10.8 %25.8 %15.3 %0.7 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.50.61.53.60.4
Current ratio2.50.61.53.61.4
Cash and cash equivalents511.1321.52147.1231.269.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.13%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.5%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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