TARUP BOLIGSELSKAB A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TARUP BOLIGSELSKAB A/S
TARUP BOLIGSELSKAB A/S (CVR number: 34607893) is a company from ODENSE. The company recorded a gross profit of 5648.6 kDKK in 2023. The operating profit was 748.6 kDKK, while net earnings were 241 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TARUP BOLIGSELSKAB A/S's liquidity measured by quick ratio was 1.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8 443.04 | 5 784.54 | 6 023.35 | 5 799.88 | 5 648.58 |
EBIT | 17 243.04 | 13 584.54 | 9 323.34 | 1 128.78 | 748.58 |
Net earnings | 11 886.73 | 10 121.28 | 6 814.76 | 464.05 | 241.02 |
Shareholders equity total | 58 760.56 | 58 316.70 | 65 131.46 | 65 595.51 | 59 836.53 |
Balance sheet total (assets) | 154 161.71 | 154 613.21 | 161 883.25 | 160 941.93 | 153 491.87 |
Net debt | 70 494.66 | 77 331.47 | 72 813.63 | 70 973.90 | 73 126.35 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.6 % | 8.8 % | 5.9 % | 0.7 % | 0.6 % |
ROE | 22.1 % | 17.3 % | 11.0 % | 0.7 % | 0.4 % |
ROI | 12.0 % | 9.0 % | 6.0 % | 0.7 % | 0.6 % |
Economic value added (EVA) | 8 027.15 | 4 697.55 | 1 052.84 | -5 454.53 | -5 682.59 |
Solvency | |||||
Equity ratio | 38.1 % | 37.7 % | 40.2 % | 40.8 % | 39.0 % |
Gearing | 138.2 % | 138.3 % | 123.1 % | 121.4 % | 132.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 0.8 | 1.7 | 2.0 | 1.5 |
Current ratio | 2.4 | 0.8 | 1.7 | 2.0 | 1.5 |
Cash and cash equivalents | 10 702.24 | 3 345.00 | 7 342.27 | 8 661.26 | 5 987.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AA | AA |
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