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

CVR number: 10489970
Søndergården 7, 9640 Farsø
tel: 98633622

Company information

Official name
TYGE TOLSTRUP A/S
Personnel
9 persons
Established
1986
Company form
Limited company
Industry

About TYGE TOLSTRUP A/S

TYGE TOLSTRUP A/S (CVR number: 10489970) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 4085.4 kDKK in 2023. The operating profit was 745.7 kDKK, while net earnings were 542.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 32.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.3 %, 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. TYGE TOLSTRUP A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit3 510.584 335.314 945.305 363.654 085.35
EBIT1 079.991 405.972 216.872 223.83745.67
Net earnings773.521 004.951 649.831 725.01542.88
Shareholders equity total1 425.331 660.282 210.122 235.131 078.01
Balance sheet total (assets)4 933.865 522.846 639.214 300.715 341.53
Net debt- 611.25-1 721.39-4 591.94-1 495.84844.78
Profitability
EBIT-%
ROA19.4 %27.1 %36.5 %40.7 %15.8 %
ROE42.5 %65.1 %85.3 %77.6 %32.8 %
ROI29.3 %41.9 %77.7 %87.5 %24.0 %
Economic value added (EVA)866.251 144.341 798.971 864.09546.41
Solvency
Equity ratio29.6 %30.5 %42.0 %53.1 %20.3 %
Gearing142.5 %83.9 %8.4 %10.7 %225.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.42.12.01.2
Current ratio1.41.41.52.01.2
Cash and cash equivalents2 642.443 113.584 777.981 734.711 590.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:15.8%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.3%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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