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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  1.2% 1.5% 1.3% 2.0% 1.9%  
Credit score (0-100)  83 76 78 68 69  
Credit rating  A A A A A  
Credit limit (kDKK)  143.8 23.5 96.9 1.4 3.4  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  2,357 2,815 3,554 4,249 4,383  
EBITDA  2,216 2,391 2,898 3,386 3,553  
EBIT  1,098 1,314 1,856 2,157 2,607  
Pre-tax profit (PTP)  600.5 499.9 1,124.0 1,073.9 680.7  
Net earnings  458.1 386.3 883.6 773.4 485.3  
Pre-tax profit without non-rec. items  600 500 1,124 1,074 681  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  9,919 7,575 7,940 15,163 14,395  
Shareholders equity total  5,330 5,716 6,599 7,373 7,858  
Interest-bearing liabilities  8,228 9,807 8,761 6,025 24,230  
Balance sheet total (assets)  19,296 21,699 27,134 35,861 41,937  

Net Debt  8,227 9,806 8,759 5,007 24,225  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  2,357 2,815 3,554 4,249 4,383  
Gross profit growth  -44.9% 19.4% 26.3% 19.5% 3.2%  
Employees  1 1 2 2 2  
Employee growth %  0.0% 0.0% 100.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  19,296 21,699 27,134 35,861 41,937  
Balance sheet change%  -16.6% 12.5% 25.0% 32.2% 16.9%  
Added value  2,216.4 2,390.9 2,898.0 3,199.0 3,552.7  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -897 -3,421 -678 5,994 -1,713  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  4.0 5.0 5.0 5.0 5.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  46.6% 46.7% 52.2% 50.8% 59.5%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  5.2% 6.4% 7.6% 6.9% 6.7%  
ROI %  6.8% 7.4% 10.4% 12.6% 10.0%  
ROE %  9.0% 7.0% 14.3% 11.1% 6.4%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  27.6% 26.3% 24.3% 20.6% 18.7%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  371.2% 410.1% 302.2% 147.9% 681.9%  
Gearing %  154.4% 171.6% 132.8% 81.7% 308.3%  
Net interest  0 0 0 0 0  
Financing costs %  6.5% 9.0% 7.9% 14.7% 12.8%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.4 0.4 0.5 0.4 0.3  
Current Ratio  0.9 1.1 1.4 1.0 1.2  
Cash and cash equivalent  1.0 0.9 2.2 1,018.8 5.2  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  -1,076.3 715.4 5,323.7 -482.4 3,893.6  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  2,216 2,391 1,449 1,600 1,776  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  2,216 2,391 1,449 1,693 1,776  
EBIT / employee  1,098 1,314 928 1,079 1,304  
Net earnings / employee  458 386 442 387 243