C.TOVGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33241224
Kildevældet 17, 8930 Randers NØ
ct@kildebiler.dk
Free credit report Annual report

Company information

Official name
C.TOVGAARD HOLDING ApS
Established
2010
Company form
Private limited company
Industry

About C.TOVGAARD HOLDING ApS

C.TOVGAARD HOLDING ApS (CVR number: 33241224) is a company from RANDERS. The company recorded a gross profit of -2.9 kDKK in 2024. The operating profit was -2.9 kDKK, while net earnings were 749.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. C.TOVGAARD HOLDING ApS's liquidity measured by quick ratio was 543.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-2.52-2.63-3.00-3.00-2.89
EBIT-2.52-2.63-3.00-3.00-2.89
Net earnings1 143.463 200.583 366.001 395.00749.65
Shareholders equity total17 126.5320 214.1123 465.0024 510.0018 149.68
Balance sheet total (assets)17 541.4220 662.5423 911.0024 536.0018 176.56
Net debt329.09375.09379.00-13.00- 928.72
Profitability
EBIT-%
ROA7.1 %17.3 %15.8 %6.7 %4.3 %
ROE6.9 %17.1 %15.4 %5.8 %3.5 %
ROI7.1 %17.3 %15.8 %6.7 %4.3 %
Economic value added (EVA)- 840.99- 883.38-1 039.56-1 203.70-1 235.03
Solvency
Equity ratio97.6 %97.8 %98.1 %99.9 %99.9 %
Gearing2.4 %2.1 %1.9 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio29.228.633.5660.6543.6
Current ratio29.228.634.0668.7551.4
Cash and cash equivalents83.3051.9864.0036.00953.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.30%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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