TN UDVIKLING A/S — Credit Rating and Financial Key Figures

CVR number: 35478205
Porsvej 2, 9000 Aalborg
tn@tnudvikling.dk

Company information

Official name
TN UDVIKLING A/S
Personnel
2 persons
Established
2013
Company form
Limited company
Industry

About TN UDVIKLING A/S

TN UDVIKLING A/S (CVR number: 35478205) is a company from AALBORG. The company recorded a gross profit of -1635.1 kDKK in 2023. The operating profit was -4742.6 kDKK, while net earnings were 4048.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 15.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.3 %, 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. TN UDVIKLING A/S's liquidity measured by quick ratio was 1.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 918.802 331.467 432.31-1 808.12-1 635.14
EBIT-4 194.77- 811.294 279.12-4 781.66-4 742.64
Net earnings1 476.77940.213 862.413 060.694 048.55
Shareholders equity total28 361.8927 302.1028 164.5130 225.2020 773.75
Balance sheet total (assets)29 067.9528 580.8329 609.2131 447.0436 273.46
Net debt-2 869.75-8 931.45-5 993.53206.917 466.64
Profitability
EBIT-%
ROA2.0 %3.2 %16.9 %11.9 %4.1 %
ROE5.2 %3.4 %13.9 %10.5 %15.9 %
ROI2.1 %3.3 %17.7 %12.3 %4.6 %
Economic value added (EVA)-3 208.94- 520.862 711.50-6 062.58-3 976.31
Solvency
Equity ratio97.6 %95.5 %95.1 %96.1 %57.3 %
Gearing0.1 %0.0 %0.0 %1.7 %37.0 %
Relative net indebtedness %
Liquidity
Quick ratio17.413.215.220.71.8
Current ratio22.013.515.320.81.8
Cash and cash equivalents2 899.658 933.775 997.11301.26223.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:4.08%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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