TÖNNIES NORDIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 18 619.90 | 16 467.48 | 17 601.25 | 15 091.67 | 13 554.36 |
EBIT | 4 306.98 | 3 849.91 | 3 674.70 | 3 440.00 | 3 252.91 |
Net earnings | 3 950.05 | 402.71 | 4 059.52 | 9 011.60 | -1 431.06 |
Shareholders equity total | 26 754.56 | 23 257.28 | 26 316.79 | 27 832.21 | 26 401.15 |
Balance sheet total (assets) | 36 043.81 | 44 230.17 | 70 143.31 | 108 603.93 | 130 108.74 |
Net debt | -4 994.77 | 4 462.52 | 30 822.96 | 71 484.60 | 94 410.22 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.0 % | 6.5 % | 11.0 % | 12.8 % | 5.4 % |
ROE | 15.0 % | 1.6 % | 16.4 % | 33.3 % | -5.3 % |
ROI | 20.4 % | 8.5 % | 13.1 % | 13.9 % | 5.7 % |
Economic value added (EVA) | 2 236.13 | 1 932.03 | 2 003.76 | 1 562.97 | 1 479.35 |
Solvency | |||||
Equity ratio | 74.2 % | 52.6 % | 37.5 % | 25.6 % | 20.3 % |
Gearing | 0.4 % | 47.7 % | 135.3 % | 267.5 % | 369.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.8 | 2.1 | 1.6 | 1.3 | 1.3 |
Current ratio | 3.8 | 2.1 | 1.6 | 1.3 | 1.3 |
Cash and cash equivalents | 5 100.28 | 6 626.31 | 4 786.17 | 2 961.87 | 3 175.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | BBB |
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