TG Holding Asdal ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TG Holding Asdal ApS
TG Holding Asdal ApS (CVR number: 37590576) is a company from HJØRRING. The company recorded a gross profit of -4.3 kDKK in 2024. The operating profit was -4.3 kDKK, while net earnings were 276.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 73.5 %, which can be considered excellent and Return on Equity (ROE) was 66.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78 %, 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. TG Holding Asdal ApS's liquidity measured by quick ratio was 1.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1.25 | -1.25 | 4.43 | -2.95 | -4.34 |
EBIT | -1.25 | -1.25 | 4.43 | -2.95 | -4.34 |
Net earnings | -1.36 | 0.66 | -14.31 | 255.31 | 276.44 |
Shareholders equity total | 35.02 | 35.68 | 21.37 | 276.68 | 553.12 |
Balance sheet total (assets) | 63.37 | 64.03 | 51.52 | 360.68 | 709.17 |
Net debt | -13.37 | -14.04 | -4.61 | -13.77 | -86.18 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.9 % | 1.0 % | -22.8 % | 150.9 % | 73.5 % |
ROE | -3.8 % | 1.9 % | -50.2 % | 171.3 % | 66.6 % |
ROI | -3.5 % | 1.9 % | -46.3 % | 208.7 % | 94.7 % |
Economic value added (EVA) | -3.08 | -3.01 | 2.64 | -3.49 | -17.08 |
Solvency | |||||
Equity ratio | 55.3 % | 55.7 % | 41.5 % | 76.7 % | 78.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 0.6 | 0.8 | 1.1 |
Current ratio | 0.5 | 0.5 | 0.6 | 0.8 | 1.1 |
Cash and cash equivalents | 13.37 | 14.04 | 4.61 | 13.77 | 86.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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