TULM HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 19730344
Holmensvej 6, 3600 Frederikssund

Company information

Official name
TULM HOLDING A/S
Established
1996
Company form
Limited company
Industry

About TULM HOLDING A/S

TULM HOLDING A/S (CVR number: 19730344) is a company from FREDERIKSSUND. The company recorded a gross profit of -27.2 kDKK in 2024. The operating profit was -27.2 kDKK, while net earnings were 903 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TULM HOLDING A/S's liquidity measured by quick ratio was 20.9 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-15.03-20.82-35.88-30.34-27.19
EBIT-15.03-20.82-35.88-30.34-27.19
Net earnings606.081 791.391 659.071 367.94902.97
Shareholders equity total4 846.696 525.078 069.749 319.8810 161.85
Balance sheet total (assets)4 891.626 568.168 086.189 339.8810 482.67
Net debt- 318.59- 935.44-2 250.60-4 193.84-4 242.31
Profitability
EBIT-%
ROA13.3 %30.7 %25.9 %16.5 %11.3 %
ROE13.2 %31.5 %22.7 %15.7 %9.3 %
ROI13.4 %30.9 %26.0 %16.6 %10.4 %
Economic value added (EVA)- 230.46- 263.47- 353.96- 429.14- 488.48
Solvency
Equity ratio99.1 %99.3 %99.8 %99.8 %96.9 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio321.6262.2307.6309.520.9
Current ratio321.6262.2307.6309.520.9
Cash and cash equivalents318.59935.442 250.644 193.844 242.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.3%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.9%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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