TIC HOLDING A/S

CVR number: 25236696
Bøgeskovvej 16, Munkegårde 3490 Kvistgård
mmc@acti-chem.dk
tel: 40684291

Credit rating

Company information

Official name
TIC HOLDING A/S
Established
1999
Domicile
Munkegårde
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About the company

TIC HOLDING A/S (CVR number: 25236696) is a company from HELSINGØR. The company recorded a gross profit of -50.3 kDKK in 2023. The operating profit was -50.3 kDKK, while net earnings were 4098.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TIC HOLDING A/S's liquidity measured by quick ratio was 39.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-45.53-60.16-52.21- 278.97-50.27
EBIT-45.53-60.16-52.21- 278.97-50.27
Net earnings392.562 782.903 211.2930 464.724 098.20
Shareholders equity total60 730.1763 513.0766 724.3697 189.07101 287.27
Balance sheet total (assets)60 745.1763 528.0766 739.3697 205.57103 450.82
Net debt-34 870.33-37 568.04-33 533.45-73 855.89-77 711.90
Profitability
EBIT-%
ROA0.9 %4.9 %5.3 %37.5 %4.5 %
ROE0.6 %4.5 %4.9 %37.2 %4.1 %
ROI0.9 %4.9 %5.3 %37.5 %4.5 %
Economic value added (EVA)- 907.50- 328.35- 369.49- 769.80- 447.66
Solvency
Equity ratio100.0 %100.0 %100.0 %100.0 %97.9 %
Gearing1.8 %
Relative net indebtedness %
Liquidity
Quick ratio2 377.12 576.62 551.24 787.839.4
Current ratio2 411.62 611.22 585.74 819.239.6
Cash and cash equivalents34 870.3337 568.0433 533.4573 855.8979 547.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:4.54%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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