TØNDER FESTIVAL FOND — Credit Rating and Financial Key Figures

CVR number: 62970111
Vestergade 80, 6270 Tønder
bogholderi@tf.dk
tel: 74724610
www.tf.dk

Credit rating

Company information

Official name
TØNDER FESTIVAL FOND
Personnel
8 persons
Established
1999
Industry

About TØNDER FESTIVAL FOND

TØNDER FESTIVAL FOND (CVR number: 62970111) is a company from TØNDER. The company recorded a gross profit of 1935.5 kDKK in 2024. The operating profit was 63.5 kDKK, while net earnings were 157.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 46.5 %, 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. TØNDER FESTIVAL FOND's liquidity measured by quick ratio was 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 329.431 259.612 179.832 462.531 935.54
EBIT-52.1493.72986.201 182.3663.51
Net earnings-57.9496.92742.09993.37157.38
Shareholders equity total3 432.433 459.353 673.544 054.813 837.97
Balance sheet total (assets)5 451.656 355.307 605.136 966.149 148.80
Net debt-3 644.60-3 625.22-5 558.13-3 060.13-4 952.62
Profitability
EBIT-%
ROA-1.0 %2.3 %14.9 %16.6 %2.1 %
ROE-1.7 %2.8 %20.8 %25.7 %4.0 %
ROI-1.5 %3.9 %28.9 %31.2 %4.2 %
Economic value added (EVA)- 218.37-90.43542.98790.53- 140.25
Solvency
Equity ratio63.0 %54.4 %48.3 %58.2 %46.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.11.91.61.81.3
Current ratio2.12.01.61.81.1
Cash and cash equivalents3 644.603 625.225 558.133 060.134 952.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.08%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.5%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Chief executive officer

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