TWINCON HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TWINCON HOLDING ApS
TWINCON HOLDING ApS (CVR number: 32263070) is a company from FREDERIKSSUND. The company recorded a gross profit of -15.8 kDKK in 2024. The operating profit was -15.8 kDKK, while net earnings were 8.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72 %, 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. TWINCON HOLDING ApS's liquidity measured by quick ratio was 3.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -20.11 | -21.62 | -0.82 | -40.28 | -15.79 |
EBIT | -20.11 | -21.62 | -0.82 | -40.28 | -15.79 |
Net earnings | 893.33 | -38.51 | - 464.48 | 70.04 | 8.63 |
Shareholders equity total | 2 107.00 | 1 955.49 | 1 376.61 | 1 328.85 | 1 215.48 |
Balance sheet total (assets) | 2 382.30 | 2 213.89 | 1 731.56 | 1 692.40 | 1 687.32 |
Net debt | -1 193.63 | - 773.04 | - 117.54 | - 225.03 | - 113.98 |
Profitability | |||||
EBIT-% | |||||
ROA | 48.8 % | 14.3 % | -11.6 % | 6.9 % | 5.7 % |
ROE | 52.4 % | -1.9 % | -27.9 % | 5.2 % | 0.7 % |
ROI | 50.2 % | 14.5 % | -11.8 % | 7.0 % | 5.8 % |
Economic value added (EVA) | -92.46 | - 130.64 | - 110.88 | - 134.24 | -96.60 |
Solvency | |||||
Equity ratio | 88.4 % | 88.3 % | 79.5 % | 78.5 % | 72.0 % |
Gearing | 10.0 % | 11.9 % | 23.9 % | 26.0 % | 37.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.1 | 6.8 | 4.9 | 4.7 | 3.6 |
Current ratio | 7.1 | 6.8 | 4.9 | 4.7 | 3.6 |
Cash and cash equivalents | 1 403.67 | 1 006.19 | 447.23 | 570.80 | 568.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BB | BB | BB |
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