TØNDER FORSYNING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TØNDER FORSYNING A/S
TØNDER FORSYNING A/S (CVR number: 32065813K) is a company from TØNDER. The company reported a net sales of 202.7 mDKK in 2024, demonstrating a growth of 0 % compared to the previous year. The operating profit percentage was at 13.6 % (EBIT: 27.6 mDKK), while net earnings were 18.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 71 %, 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. TØNDER FORSYNING 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 | 227.53 | 224.92 | 197.18 | 202.64 | 202.70 |
Gross profit | 58.78 | 49.98 | 61.41 | 48.24 | 62.11 |
EBIT | 25.70 | 20.12 | 34.84 | 20.94 | 27.55 |
Net earnings | 20.61 | 15.96 | 22.50 | 12.70 | 18.49 |
Shareholders equity total | 764.32 | 780.27 | 802.77 | 817.90 | 836.38 |
Balance sheet total (assets) | 1 005.61 | 1 077.57 | 1 146.15 | 1 154.37 | 1 178.64 |
Net debt | 262.13 | 271.26 | |||
Profitability | |||||
EBIT-% | 11.3 % | 8.9 % | 17.7 % | 10.3 % | 13.6 % |
ROA | 2.6 % | 1.9 % | 3.1 % | 1.8 % | 2.4 % |
ROE | 2.7 % | 2.1 % | 2.8 % | 1.6 % | 2.2 % |
ROI | 2.6 % | 1.9 % | 3.1 % | 1.9 % | 2.5 % |
Economic value added (EVA) | -11.67 | -18.29 | -4.37 | -17.17 | -27.08 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 70.9 % | 71.0 % |
Gearing | 32.7 % | 33.5 % | |||
Relative net indebtedness % | 157.4 % | 158.1 % | |||
Liquidity | |||||
Quick ratio | 0.3 | 0.5 | |||
Current ratio | 0.3 | 0.6 | |||
Cash and cash equivalents | 5.71 | 8.96 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 25.9 | 32.7 | |||
Net working capital % | -49.3 % | -18.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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