TÅRNBYFORSYNING SPILDEVAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TÅRNBYFORSYNING SPILDEVAND A/S
TÅRNBYFORSYNING SPILDEVAND A/S (CVR number: 32667732) is a company from TÅRNBY. The company reported a net sales of 60.2 mDKK in 2024, demonstrating a growth of 24.2 % compared to the previous year. The operating profit percentage was poor at -12.6 % (EBIT: -7.6 mDKK), while net earnings were -12.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TÅRNBYFORSYNING SPILDEVAND A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 53.51 | 52.90 | 55.89 | 48.44 | 60.16 |
Gross profit | 14.53 | 14.74 | 15.25 | 4.35 | 9.39 |
EBIT | 1.51 | 2.08 | 1.11 | -12.68 | -7.60 |
Net earnings | 0.93 | -0.35 | -1.11 | -10.00 | -12.24 |
Shareholders equity total | 580.05 | 579.70 | 506.04 | 496.05 | 483.81 |
Balance sheet total (assets) | 683.98 | 689.06 | 686.62 | 729.62 | 742.19 |
Net debt | 81.71 | 71.22 | 91.83 | 132.88 | 175.41 |
Profitability | |||||
EBIT-% | 2.8 % | 3.9 % | 2.0 % | -26.2 % | -12.6 % |
ROA | 0.2 % | 0.3 % | 0.2 % | -1.7 % | -1.0 % |
ROE | 0.2 % | -0.1 % | -0.2 % | -2.0 % | -2.5 % |
ROI | 0.2 % | 0.3 % | 0.2 % | -1.8 % | -1.0 % |
Economic value added (EVA) | -33.05 | -31.89 | -32.74 | -42.40 | -42.35 |
Solvency | |||||
Equity ratio | 84.8 % | 84.2 % | 73.7 % | 68.0 % | 65.2 % |
Gearing | 16.6 % | 15.8 % | 19.9 % | 31.4 % | 37.2 % |
Relative net indebtedness % | 167.4 % | 163.6 % | 177.0 % | 296.2 % | 314.7 % |
Liquidity | |||||
Quick ratio | 2.2 | 1.5 | 0.8 | 0.6 | 0.5 |
Current ratio | 2.3 | 1.5 | 0.8 | 0.6 | 0.5 |
Cash and cash equivalents | 14.37 | 20.30 | 9.10 | 22.90 | 4.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.0 | 20.4 | 5.0 | 2.2 | 10.9 |
Net working capital % | 29.9 % | 19.0 % | -8.4 % | -47.9 % | -39.1 % |
Credit risk | |||||
Credit rating | AAA | AA | AA | A | A |
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