HENRIK TOFTENG A/S

CVR number: 11908292
Nyager 6, 2605 Brøndby

Credit rating

Company information

Official name
HENRIK TOFTENG A/S
Personnel
84 persons
Established
1987
Company form
Limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About HENRIK TOFTENG A/S

HENRIK TOFTENG A/S (CVR number: 11908292) is a company from BRØNDBY. The company recorded a gross profit of 44.6 mDKK in 2023. The operating profit was 3225.4 kDKK, while net earnings were 961.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 32 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HENRIK TOFTENG A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit41 727.3340 961.3441 206.9238 690.0544 575.03
EBIT1 402.711 656.751 876.97-4 159.553 225.41
Net earnings57.72393.74656.32-4 845.83961.29
Shareholders equity total6 316.016 709.757 366.072 520.243 481.52
Balance sheet total (assets)55 733.6656 495.3449 039.6150 836.3362 152.69
Net debt15 489.0316 148.2512 781.5820 404.1323 417.04
Profitability
EBIT-%
ROA2.6 %3.0 %3.6 %-8.3 %5.7 %
ROE0.9 %6.0 %9.3 %-98.0 %32.0 %
ROI3.2 %3.7 %4.4 %-10.4 %7.2 %
Economic value added (EVA)690.87802.941 170.81-4 109.632 164.57
Solvency
Equity ratio11.3 %11.9 %15.0 %5.0 %5.6 %
Gearing245.5 %241.0 %173.8 %810.5 %672.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.70.70.7
Current ratio0.70.80.80.80.8
Cash and cash equivalents19.1219.2520.8423.2410.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:5.72%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.60%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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