TULM HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 earnings | 606.08 | 1 791.39 | 1 659.07 | 1 367.94 | 902.97 |
Shareholders equity total | 4 846.69 | 6 525.07 | 8 069.74 | 9 319.88 | 10 161.85 |
Balance sheet total (assets) | 4 891.62 | 6 568.16 | 8 086.18 | 9 339.88 | 10 482.67 |
Net debt | - 318.59 | - 935.44 | -2 250.60 | -4 193.84 | -4 242.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.3 % | 30.7 % | 25.9 % | 16.5 % | 11.3 % |
ROE | 13.2 % | 31.5 % | 22.7 % | 15.7 % | 9.3 % |
ROI | 13.4 % | 30.9 % | 26.0 % | 16.6 % | 10.4 % |
Economic value added (EVA) | - 230.46 | - 263.47 | - 353.96 | - 429.14 | - 488.48 |
Solvency | |||||
Equity ratio | 99.1 % | 99.3 % | 99.8 % | 99.8 % | 96.9 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 321.6 | 262.2 | 307.6 | 309.5 | 20.9 |
Current ratio | 321.6 | 262.2 | 307.6 | 309.5 | 20.9 |
Cash and cash equivalents | 318.59 | 935.44 | 2 250.64 | 4 193.84 | 4 242.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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