TERRA NOVA A/S — Credit Rating and Financial Key Figures

CVR number: 76351414
Nordre Strandvej 118, 3140 Ålsgårde
mm@neonoir.com
tel: 23361926

Credit rating

Company information

Official name
TERRA NOVA A/S
Personnel
1 person
Established
1984
Company form
Limited company
Industry

About TERRA NOVA A/S

TERRA NOVA A/S (CVR number: 76351414K) is a company from HELSINGØR. The company recorded a gross profit of 106.4 mDKK in 2023. The operating profit was 82.7 mDKK, while net earnings were 55.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TERRA NOVA A/S's liquidity measured by quick ratio was 27.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit49 052.5863 733.9174 852.9165 566.50106 434.35
EBIT33 970.0947 464.9057 555.9245 690.9382 725.63
Net earnings33 970.0947 970.6257 555.9244 044.9755 180.69
Shareholders equity total619 429.58768 712.04805 734.70872 800.58936 490.40
Balance sheet total (assets)662 959.12809 025.22842 515.73913 159.83994 988.44
Net debt- 382 081.34- 455 612.87- 651 207.88- 779 028.29- 852 911.57
Profitability
EBIT-%
ROA19.8 %25.4 %8.7 %10.7 %12.3 %
ROE6.3 %7.4 %8.0 %5.8 %6.9 %
ROI20.6 %26.6 %9.1 %11.1 %12.9 %
Economic value added (EVA)12 440.6821 867.7648 485.3924 490.6452 093.87
Solvency
Equity ratio93.4 %95.0 %95.6 %95.6 %94.1 %
Gearing0.0 %0.0 %0.0 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio38.827.933.234.827.4
Current ratio39.128.233.735.428.2
Cash and cash equivalents382 081.34455 613.69651 208.71779 030.57853 489.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:12.3%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.1%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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