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 RUDERSDAL. The company recorded a gross profit of -40.3 kDKK in 2023. The operating profit was -40.3 kDKK, while net earnings were 70 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.5 %, 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. TWINCON HOLDING ApS's liquidity measured by quick ratio was 4.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.75 | -20.11 | -21.62 | -0.82 | -40.28 |
EBIT | -10.75 | -20.11 | -21.62 | -0.82 | -40.28 |
Net earnings | - 275.81 | 893.33 | -38.51 | - 464.48 | 70.04 |
Shareholders equity total | 1 303.68 | 2 107.00 | 1 955.49 | 1 376.61 | 1 328.85 |
Balance sheet total (assets) | 1 523.97 | 2 382.30 | 2 213.89 | 1 731.56 | 1 692.40 |
Net debt | - 802.32 | -1 193.63 | - 773.04 | - 117.54 | - 225.03 |
Profitability | |||||
EBIT-% | |||||
ROA | -13.0 % | 48.8 % | 14.3 % | -11.6 % | 6.9 % |
ROE | -18.6 % | 52.4 % | -1.9 % | -27.9 % | 5.2 % |
ROI | -13.3 % | 50.2 % | 14.5 % | -11.8 % | 7.0 % |
Economic value added (EVA) | -30.05 | -34.32 | -6.98 | -3.50 | -95.20 |
Solvency | |||||
Equity ratio | 85.5 % | 88.4 % | 88.3 % | 79.5 % | 78.5 % |
Gearing | 13.6 % | 10.0 % | 11.9 % | 23.9 % | 26.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.9 | 7.1 | 6.8 | 4.9 | 4.7 |
Current ratio | 6.9 | 7.1 | 6.8 | 4.9 | 4.7 |
Cash and cash equivalents | 979.67 | 1 403.67 | 1 006.19 | 447.23 | 570.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BB | BB |
Variable visualization
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