TK Hviid A/S — Credit Rating and Financial Key Figures

CVR number: 43723502
Nordsøkaj 12, 7680 Thyborøn

Credit rating

Company information

Official name
TK Hviid A/S
Personnel
4 persons
Established
2022
Company form
Limited company
Industry

About TK Hviid A/S

TK Hviid A/S (CVR number: 43723502) is a company from LEMVIG. The company recorded a gross profit of 2914 kDKK in 2024. The operating profit was 711.6 kDKK, while net earnings were 487.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 27.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54 %, 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. TK Hviid A/S's liquidity measured by quick ratio was 1.5 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
2023
2024
Volume
Net sales
Gross profit3 575.002 914.02
EBIT1 583.47711.64
Net earnings1 206.08487.81
Shareholders equity total1 606.081 968.88
Balance sheet total (assets)3 984.243 646.51
Net debt- 973.90- 485.35
Profitability
EBIT-%
ROA39.7 %18.7 %
ROE75.1 %27.3 %
ROI90.0 %36.7 %
Economic value added (EVA)1 211.43428.64
Solvency
Equity ratio40.3 %54.0 %
Gearing9.6 %7.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.5
Current ratio1.21.8
Cash and cash equivalents1 127.90639.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:18.7%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.0%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

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