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KARL TOLSTRUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KARL TOLSTRUP A/S
KARL TOLSTRUP A/S (CVR number: 28687710) is a company from SKIVE. The company recorded a gross profit of 345 kDKK in 2024. The operating profit was 339.3 kDKK, while net earnings were -83.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KARL TOLSTRUP A/S's liquidity measured by quick ratio was 13.1 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 | 309.36 | 334.69 | 305.20 | 293.49 | 345.02 |
| EBIT | 309.36 | 334.69 | 305.20 | -1 823.30 | 339.26 |
| Net earnings | 1 270.20 | - 165.82 | 162.88 | -1 180.62 | -83.72 |
| Shareholders equity total | 4 646.20 | 4 480.38 | 4 643.26 | 3 492.67 | 3 408.95 |
| Balance sheet total (assets) | 14 654.34 | 13 555.08 | 11 878.90 | 9 191.20 | 8 848.97 |
| Net debt | 2 388.22 | 2 624.19 | 2 459.67 | 1 847.58 | 2 088.76 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 12.5 % | 3.8 % | 3.9 % | -11.3 % | 9.2 % |
| ROE | 31.7 % | -3.6 % | 3.6 % | -29.0 % | -2.4 % |
| ROI | 12.6 % | 3.8 % | 3.9 % | -11.4 % | 9.4 % |
| Economic value added (EVA) | - 488.26 | - 470.47 | - 406.71 | -2 005.16 | - 184.53 |
| Solvency | |||||
| Equity ratio | 31.7 % | 33.1 % | 39.1 % | 38.0 % | 38.5 % |
| Gearing | 193.7 % | 181.4 % | 135.5 % | 146.3 % | 146.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 5.3 | 7.0 | 5.6 | 14.5 | 13.1 |
| Current ratio | 5.3 | 7.0 | 5.6 | 14.5 | 13.1 |
| Cash and cash equivalents | 6 612.49 | 5 504.18 | 3 831.93 | 3 261.60 | 2 889.11 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | BBB | A |
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