KARL TOLSTRUP A/S — Credit Rating and Financial Key Figures

CVR number: 28687710
Sandbyvej 59, 7800 Skive
leif29@gmail.com
tel: 28194649
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Credit rating

Company information

Official name
KARL TOLSTRUP A/S
Personnel
1 person
Established
1985
Company form
Limited company
Industry

About KARL TOLSTRUP A/S

KARL TOLSTRUP A/S (CVR number: 28687710) is a company from SKIVE. The company recorded a gross profit of 293.5 kDKK in 2023. The operating profit was -1823.3 kDKK, while net earnings were -1180.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.3 %, which can be considered poor and Return on Equity (ROE) was -29 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38 %, 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 14.5 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 profit251.22309.36334.69305.20293.49
EBIT251.22309.36334.69305.20-1 823.30
Net earnings20.861 270.20- 165.82162.88-1 180.62
Shareholders equity total3 376.004 646.204 480.384 643.263 492.67
Balance sheet total (assets)14 755.0714 654.3413 555.0811 878.909 191.20
Net debt4 047.012 388.222 624.192 459.671 847.58
Profitability
EBIT-%
ROA4.2 %12.5 %3.8 %3.9 %-11.3 %
ROE0.6 %31.7 %-3.6 %3.6 %-29.0 %
ROI4.3 %12.6 %3.8 %3.9 %-11.4 %
Economic value added (EVA)- 103.29-80.49-46.75-56.24-1 744.30
Solvency
Equity ratio22.9 %31.7 %33.1 %39.1 %38.0 %
Gearing317.8 %193.7 %181.4 %135.5 %146.3 %
Relative net indebtedness %
Liquidity
Quick ratio5.65.37.05.614.5
Current ratio5.65.37.05.614.5
Cash and cash equivalents6 682.276 612.495 504.183 831.933 261.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:-11.3%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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