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

CVR number: 34584362
Vestre Strandvej 10, 9990 Skagen
economy@tarntank.com
tel: 98407060
www.terntank.com
Free credit report Annual report

Income statement (mUSD)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales51.2859.5166.8358.1660.56
Other operating income1.821.95
Purchases during the financial year-30.32-30.22
External services-1.07-1.35
Gross profit20.5922.9332.5928.5930.94
Employee benefit expenses-1.30-1.31
Total depreciation-11.79-11.60
EBIT3.319.2818.4515.5018.03
Other financial income1.160.59
Other financial expenses-7.06-7.33
Pre-tax profit-1.369.8513.379.6011.29
Income taxes-0.11-0.12
Net earnings-1.369.8513.379.4911.18

Assets (mUSD)

2021
2022
2023
2024
2025
Intangible assets total
Machinery and equipment178.69236.79
Advance payments and construction in progress27.9024.59
Tangible assets total206.59261.38
Holdings in group member companies0.970.97
Investments total211.10241.86245.510.970.97
Long term receivables total
Raw materials and consumables1.020.92
Inventories total1.020.92
Current trade debtors0.321.76
Current amounts owed by group member comp.3.819.92
Prepayments and accrued income0.670.34
Current other receivables2.220.77
Current deferred tax assets1.181.09
Short term receivables total8.2013.89
Cash and bank deposits22.0723.52
Cash and cash equivalents22.0723.52
Balance sheet total (assets)211.10241.86245.51238.85300.67

Equity and liabilities (mUSD)

2021
2022
2023
2024
2025
Share capital112.76121.11134.090.680.68
Shares repurchased0.80
Retained earnings1.36-9.85-13.37132.71141.40
Profit of the financial year-1.369.8513.379.4911.18
Shareholders equity total112.76121.11134.09142.88154.05
Non-current loans from credit institutions73.32109.17
Non-current accruals and deferred income4.944.56
Non-current liabilities total78.26113.74
Current loans from credit institutions11.8023.72
Current trade creditors0.591.14
Current owed to group member0.210.46
Short-term deferred tax liabilities0.01
Other non-interest bearing current liabilities1.363.06
Accruals and deferred income3.764.51
Current liabilities total17.7132.88
Balance sheet total (liabilities)112.76121.11134.09238.85300.67
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