TIC HOLDING A/S
Credit rating
Company information
About TIC HOLDING A/S
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
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 earnings | 392.56 | 2 782.90 | 3 211.29 | 30 464.72 | 4 098.20 |
Shareholders equity total | 60 730.17 | 63 513.07 | 66 724.36 | 97 189.07 | 101 287.27 |
Balance sheet total (assets) | 60 745.17 | 63 528.07 | 66 739.36 | 97 205.57 | 103 450.82 |
Net debt | -34 870.33 | -37 568.04 | -33 533.45 | -73 855.89 | -77 711.90 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.9 % | 4.9 % | 5.3 % | 37.5 % | 4.5 % |
ROE | 0.6 % | 4.5 % | 4.9 % | 37.2 % | 4.1 % |
ROI | 0.9 % | 4.9 % | 5.3 % | 37.5 % | 4.5 % |
Economic value added (EVA) | - 907.50 | - 328.35 | - 369.49 | - 769.80 | - 447.66 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 100.0 % | 97.9 % |
Gearing | 1.8 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2 377.1 | 2 576.6 | 2 551.2 | 4 787.8 | 39.4 |
Current ratio | 2 411.6 | 2 611.2 | 2 585.7 | 4 819.2 | 39.6 |
Cash and cash equivalents | 34 870.33 | 37 568.04 | 33 533.45 | 73 855.89 | 79 547.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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