T&N PROPERTIES A/S — Credit Rating and Financial Key Figures

CVR number: 30571266
Holkebjergvej 138, Højme 5250 Odense SV

Company information

Official name
T&N PROPERTIES A/S
Established
2007
Domicile
Højme
Company form
Limited company
Industry

About T&N PROPERTIES A/S

T&N PROPERTIES A/S (CVR number: 30571266) is a company from ODENSE. The company recorded a gross profit of -45.5 kDKK in 2023. The operating profit was -45.5 kDKK, while net earnings were 49.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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. T&N PROPERTIES A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit549.57- 533.125 835.38-25.00-45.49
EBIT549.57- 533.125 835.38-25.00-45.49
Net earnings372.52- 600.907 396.5114 652.9749.80
Shareholders equity total-14 459.12-15 060.02-7 663.516 989.467 039.27
Balance sheet total (assets)25 888.9925 192.0633 418.4516 945.1424 078.25
Net debt40 290.6140 194.5841 024.469 873.1816 956.48
Profitability
EBIT-%
ROA2.9 %0.2 %20.2 %53.2 %1.2 %
ROE1.5 %-2.4 %25.2 %72.5 %0.7 %
ROI2.9 %0.2 %20.2 %53.3 %1.2 %
Economic value added (EVA)1 294.86273.756 590.28529.131 296.32
Solvency
Equity ratio-35.8 %-37.4 %-18.7 %41.2 %29.2 %
Gearing-278.7 %-266.9 %-535.3 %141.3 %240.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.90.00.4
Current ratio1.90.00.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBA

Variable visualization

ROA:1.20%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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