Tinghøjgård Als A/S — Credit Rating and Financial Key Figures

CVR number: 13609578
Fuglegårdsvej 1, 9510 Arden
tel: 75897350

Company information

Official name
Tinghøjgård Als A/S
Established
1989
Company form
Limited company
Industry

About Tinghøjgård Als A/S

Tinghøjgård Als A/S (CVR number: 13609578) is a company from MARIAGERFJORD. The company recorded a gross profit of 1099.3 kDKK in 2023. The operating profit was 428.9 kDKK, while net earnings were 216.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 44.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Tinghøjgård Als A/S's liquidity measured by quick ratio was 5.3 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 profit393.981 224.471 069.291 426.741 099.34
EBIT- 673.44699.34544.16906.40428.87
Net earnings- 599.04705.66383.79674.56216.43
Shareholders equity total4 813.805 519.465 903.256 577.816 794.23
Balance sheet total (assets)13 680.1913 916.4614 354.6115 111.4615 145.61
Net debt8 338.258 090.697 989.417 355.397 649.89
Profitability
EBIT-%
ROA-6.2 %5.5 %4.3 %6.6 %4.1 %
ROE-11.7 %13.7 %6.7 %10.8 %3.2 %
ROI-6.3 %5.6 %4.4 %6.8 %4.3 %
Economic value added (EVA)- 938.6311.97- 322.24-52.06- 389.88
Solvency
Equity ratio35.2 %39.7 %41.1 %43.5 %44.9 %
Gearing173.9 %148.1 %136.1 %119.9 %114.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.06.66.46.75.3
Current ratio2.06.66.46.75.3
Cash and cash equivalents32.0284.6742.04530.83131.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:4.11%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.9%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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