TSN Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TSN Service ApS
TSN Service ApS (CVR number: 36915889) is a company from THISTED. The company recorded a gross profit of 346.3 kDKK in 2024. The operating profit was -8.5 kDKK, while net earnings were -23.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TSN Service ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 166.65 | 617.62 | 428.89 | 284.88 | 346.31 |
EBIT | -70.62 | 416.13 | 190.50 | -41.02 | -8.48 |
Net earnings | -41.40 | 320.74 | 157.16 | -54.08 | -23.63 |
Shareholders equity total | - 150.29 | 170.45 | 327.61 | 273.53 | 249.91 |
Balance sheet total (assets) | 615.11 | 979.85 | 689.73 | 731.60 | 998.56 |
Net debt | 619.33 | 441.69 | -51.27 | 277.00 | 612.07 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.8 % | 47.7 % | 22.8 % | -5.8 % | -1.0 % |
ROE | -7.0 % | 81.7 % | 63.1 % | -18.0 % | -9.0 % |
ROI | -11.8 % | 67.6 % | 35.3 % | -7.9 % | -1.2 % |
Economic value added (EVA) | -44.67 | 344.98 | 152.59 | -43.44 | -19.86 |
Solvency | |||||
Equity ratio | -19.6 % | 17.4 % | 47.5 % | 37.4 % | 25.0 % |
Gearing | -412.1 % | 259.1 % | 41.1 % | 101.3 % | 244.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.1 | 1.3 | 1.1 | 1.1 |
Current ratio | 0.7 | 1.1 | 1.3 | 1.1 | 1.1 |
Cash and cash equivalents | 185.84 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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