TERNTANK REDERI A/S — Credit Rating and Financial Key Figures

TERNTANK REDERI A/S (CVR number: 34584362) is a company from FREDERIKSHAVN. The company reported a net sales of 58.2 mUSD in 2024, demonstrating a decline of -13 % compared to the previous year. The operating profit percentage was at 26.6 % (EBIT: 15.5 mUSD), while net earnings were 9490.1 kUSD. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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. TERNTANK REDERI A/S's liquidity measured by quick ratio was 1.7 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.