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

CVR number: 33241224
Kildevældet 17, 8930 Randers NØ
ct@kildebiler.dk

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 -2.8 kDKK in 2023. The operating profit was -2.8 kDKK, while net earnings were 1394.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. 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 674 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.52-2.52-2.63-3.00-2.80
EBIT-2.52-2.52-2.63-3.00-2.80
Net earnings453.291 143.463 200.583 366.001 394.65
Shareholders equity total16 093.6617 126.5320 214.1123 465.0024 510.02
Balance sheet total (assets)16 699.7417 541.4220 662.5423 911.0024 535.96
Net debt545.05329.09375.09379.00-12.91
Profitability
EBIT-%
ROA3.3 %7.1 %17.3 %15.8 %6.7 %
ROE2.8 %6.9 %17.1 %15.4 %5.8 %
ROI3.3 %7.1 %17.3 %15.8 %6.7 %
Economic value added (EVA)- 285.74- 300.23- 268.69- 185.72- 256.94
Solvency
Equity ratio96.4 %97.6 %97.8 %98.1 %99.9 %
Gearing3.8 %2.4 %2.1 %1.9 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio19.729.228.633.5674.0
Current ratio19.729.228.634.0682.1
Cash and cash equivalents58.5383.3051.9864.0036.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:6.68%
Rating: 48/100
-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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