TÖNNIES NORDIC A/S — Credit Rating and Financial Key Figures

CVR number: 26665051
Telegrafvej 5, 2750 Ballerup

Credit rating

Company information

Official name
TÖNNIES NORDIC A/S
Personnel
13 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About TÖNNIES NORDIC A/S

TÖNNIES NORDIC A/S (CVR number: 26665051) is a company from BALLERUP. The company recorded a gross profit of 13.6 mDKK in 2023. The operating profit was 3252.9 kDKK, while net earnings were -1431.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was -5.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TÖNNIES NORDIC A/S'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit18 619.9016 467.4817 601.2515 091.6713 554.36
EBIT4 306.983 849.913 674.703 440.003 252.91
Net earnings3 950.05402.714 059.529 011.60-1 431.06
Shareholders equity total26 754.5623 257.2826 316.7927 832.2126 401.15
Balance sheet total (assets)36 043.8144 230.1770 143.31108 603.93130 108.74
Net debt-4 994.774 462.5230 822.9671 484.6094 410.22
Profitability
EBIT-%
ROA16.0 %6.5 %11.0 %12.8 %5.4 %
ROE15.0 %1.6 %16.4 %33.3 %-5.3 %
ROI20.4 %8.5 %13.1 %13.9 %5.7 %
Economic value added (EVA)2 236.131 932.032 003.761 562.971 479.35
Solvency
Equity ratio74.2 %52.6 %37.5 %25.6 %20.3 %
Gearing0.4 %47.7 %135.3 %267.5 %369.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.82.11.61.31.3
Current ratio3.82.11.61.31.3
Cash and cash equivalents5 100.286 626.314 786.172 961.873 175.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:5.41%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.3%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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