TROLDHØJ HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 18746697
Fjordagervej 34 A, 6100 Haderslev
s.petersen@bsidk.com
tel: 28688203
www.troldinvest.dk

Credit rating

Company information

Official name
TROLDHØJ HOLDING A/S
Established
1995
Company form
Limited company
Industry

About TROLDHØJ HOLDING A/S

TROLDHØJ HOLDING A/S (CVR number: 18746697K) is a company from HADERSLEV. The company reported a net sales of 562.9 mDKK in 2023, demonstrating a growth of 35.6 % compared to the previous year. The operating profit percentage was at 11.6 % (EBIT: 65.3 mDKK), while net earnings were 53.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 18.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TROLDHØJ HOLDING A/S's liquidity measured by quick ratio was 2.6 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales436.15336.55366.56415.20562.91
Gross profit118.2193.8893.80126.90174.79
EBIT30.7413.309.3532.6465.30
Net earnings27.9612.7410.9811.7053.21
Shareholders equity total258.97267.12272.38315.23357.86
Balance sheet total (assets)483.91475.98476.48550.45595.11
Net debt21.02-31.00
Profitability
EBIT-%7.0 %4.0 %2.5 %7.9 %11.6 %
ROA6.9 %2.8 %2.0 %7.0 %13.6 %
ROE11.4 %4.8 %4.1 %4.3 %18.7 %
ROI7.3 %2.8 %2.0 %7.9 %16.9 %
Economic value added (EVA)21.180.29-4.087.1933.38
Solvency
Equity ratio100.0 %100.0 %100.0 %60.7 %66.0 %
Gearing34.5 %26.9 %
Relative net indebtedness %32.9 %16.9 %
Liquidity
Quick ratio1.62.6
Current ratio2.22.6
Cash and cash equivalents87.83127.31
Capital use efficiency
Trade debtors turnover (days)62.643.2
Net working capital %21.3 %23.3 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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