TILSTED HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TILSTED HOLDING A/S
TILSTED HOLDING A/S (CVR number: 10004500) is a company from JAMMERBUGT. The company reported a net sales of -0.5 mDKK in 2023, demonstrating a growth of -68.4 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.5 mDKK), while net earnings were -361.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TILSTED HOLDING A/S's liquidity measured by quick ratio was 178.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | - 178.37 | - 223.80 | -1 494.21 | - 471.72 | |
Gross profit | - 213.93 | - 237.89 | -15.73 | -1 512.65 | - 488.58 |
EBIT | - 256.62 | - 242.69 | -31.61 | -1 632.65 | - 491.46 |
Net earnings | -67.60 | -49.08 | 147.70 | -1 466.27 | - 361.17 |
Shareholders equity total | 10 016.08 | 9 856.41 | 9 891.10 | 8 310.44 | 7 831.47 |
Balance sheet total (assets) | 10 028.00 | 9 873.12 | 9 922.86 | 8 334.72 | 7 872.60 |
Net debt | -46.97 | -2.12 | -14.13 | -34.91 | -79.75 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.6 % | -0.5 % | 1.6 % | -16.0 % | -4.1 % |
ROE | -0.7 % | -0.5 % | 1.5 % | -16.1 % | -4.5 % |
ROI | -0.6 % | -0.5 % | 1.6 % | -16.0 % | -4.1 % |
Economic value added (EVA) | - 701.48 | - 732.39 | - 523.87 | -2 137.79 | - 953.37 |
Solvency | |||||
Equity ratio | 99.9 % | 99.8 % | 99.7 % | 99.7 % | 99.5 % |
Gearing | |||||
Relative net indebtedness % | 19.7 % | -6.5 % | 0.7 % | 8.2 % | |
Liquidity | |||||
Quick ratio | 822.5 | 590.5 | 312.5 | 343.0 | 178.4 |
Current ratio | 822.5 | 590.5 | 312.5 | 343.0 | 178.4 |
Cash and cash equivalents | 46.97 | 2.12 | 14.13 | 34.91 | 79.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -5489.9 % | -4404.1 % | -555.8 % | -1547.0 % | |
Credit risk | |||||
Credit rating | BB | B | BB | BB | BBB |
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