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TYRSTED STENHUGGERI ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TYRSTED STENHUGGERI ApS
TYRSTED STENHUGGERI ApS (CVR number: 25921224) is a company from HORSENS. The company reported a net sales of 2.5 mDKK in 2024, demonstrating a decline of -5.7 % compared to the previous year. The operating profit percentage was at 44.7 % (EBIT: 1.1 mDKK), while net earnings were 901.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.3 %, which can be considered excellent and Return on Equity (ROE) was 49.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.5 %, 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. TYRSTED STENHUGGERI ApS's liquidity measured by quick ratio was 2.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 678.48 | 2 526.22 | |||
| Gross profit | 2 118.41 | 2 213.15 | 2 296.36 | 2 352.91 | 2 284.95 |
| EBIT | 1 013.95 | 1 303.79 | 1 019.91 | 1 120.22 | 1 128.68 |
| Net earnings | 791.63 | 997.24 | 764.25 | 877.18 | 901.91 |
| Shareholders equity total | 1 679.82 | 1 877.06 | 1 741.31 | 1 818.49 | 1 820.40 |
| Balance sheet total (assets) | 2 477.54 | 3 265.82 | 3 316.64 | 2 539.63 | 2 475.82 |
| Net debt | -1 472.73 | -1 513.76 | -1 390.96 | -1 471.50 | -1 276.67 |
| Profitability | |||||
| EBIT-% | 41.8 % | 44.7 % | |||
| ROA | 42.4 % | 45.5 % | 31.5 % | 39.0 % | 46.3 % |
| ROE | 47.0 % | 56.1 % | 42.2 % | 49.3 % | 49.6 % |
| ROI | 60.7 % | 61.1 % | 39.0 % | 50.5 % | 63.8 % |
| Economic value added (EVA) | 704.28 | 933.07 | 664.22 | 737.75 | 788.16 |
| Solvency | |||||
| Equity ratio | 67.8 % | 57.5 % | 52.5 % | 71.6 % | 73.5 % |
| Gearing | 0.1 % | 38.7 % | 55.1 % | 0.1 % | 0.1 % |
| Relative net indebtedness % | -28.1 % | -24.6 % | |||
| Liquidity | |||||
| Quick ratio | 2.2 | 1.8 | 1.6 | 2.5 | 2.7 |
| Current ratio | 3.1 | 2.4 | 2.1 | 3.5 | 3.8 |
| Cash and cash equivalents | 1 473.64 | 2 240.05 | 2 350.43 | 1 472.53 | 1 277.84 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 39.7 | 26.6 | |||
| Net working capital % | 63.7 % | 66.6 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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