TULLE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TULLE HOLDING ApS
TULLE HOLDING ApS (CVR number: 35518649) is a company from RUDERSDAL. The company recorded a gross profit of -66.3 kDKK in 2024. The operating profit was -66.3 kDKK, while net earnings were 57.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TULLE HOLDING ApS's liquidity measured by quick ratio was 2 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 | 10.00 | ||||
| Gross profit | -10.00 | -12.50 | -10.28 | - 124.00 | -66.33 |
| EBIT | -10.00 | -12.50 | -10.28 | - 124.00 | -66.33 |
| Net earnings | -8.00 | 2 802.33 | -80.48 | - 465.00 | 57.19 |
| Shareholders equity total | 152.00 | 2 955.03 | 2 760.15 | 2 183.00 | 2 118.38 |
| Balance sheet total (assets) | 1 746.00 | 4 950.89 | 5 029.37 | 4 167.00 | 4 128.64 |
| Net debt | 1 344.00 | 1 159.66 | 962.85 | 835.00 | 924.00 |
| Profitability | |||||
| EBIT-% | -100.0 % | ||||
| ROA | 0.2 % | 83.7 % | 0.6 % | -2.0 % | 4.5 % |
| ROE | -5.1 % | 180.4 % | -2.8 % | -18.8 % | 2.7 % |
| ROI | 0.2 % | 95.5 % | 0.6 % | -2.0 % | 4.6 % |
| Economic value added (EVA) | -81.33 | -99.99 | - 216.77 | - 376.22 | - 270.25 |
| Solvency | |||||
| Equity ratio | 8.7 % | 59.7 % | 54.9 % | 52.4 % | 51.3 % |
| Gearing | 1045.4 % | 39.7 % | 81.9 % | 89.2 % | 94.1 % |
| Relative net indebtedness % | 13490.0 % | ||||
| Liquidity | |||||
| Quick ratio | 1.0 | 2.1 | 2.0 | 2.1 | 2.0 |
| Current ratio | 1.0 | 2.1 | 2.0 | 2.1 | 2.0 |
| Cash and cash equivalents | 245.00 | 12.34 | 1 296.37 | 1 113.00 | 1 070.25 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -2950.0 % | ||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | BB |
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