TERRA NOVA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TERRA NOVA A/S
TERRA NOVA A/S (CVR number: 76351414K) is a company from HELSINGØR. The company recorded a gross profit of 145.1 mDKK in 2024. The operating profit was 115.6 mDKK, while net earnings were 105.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good and Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.8 %, 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 37.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 63 733.91 | 74 852.91 | 65 566.50 | 106 434.35 | 145 092.22 |
| EBIT | 47 465.00 | 57 556.00 | 45 691.00 | 82 725.63 | 115 594.40 |
| Net earnings | 151 666.00 | 32 807.00 | 70 063.00 | 82 725.63 | 105 594.40 |
| Shareholders equity total | 768 712.00 | 805 735.00 | 872 801.00 | 936 490.40 | 966 704.54 |
| Balance sheet total (assets) | 809 025.00 | 842 516.00 | 913 160.00 | 993 886.71 | 1 019 712.23 |
| Net debt | - 455 612.87 | - 651 207.88 | - 779 028.29 | - 852 911.57 | - 805 669.59 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 25.4 % | 8.7 % | 10.7 % | 12.3 % | 14.1 % |
| ROE | 23.5 % | 4.6 % | 9.3 % | 10.3 % | 12.8 % |
| ROI | 26.6 % | 9.1 % | 11.1 % | 12.9 % | 14.8 % |
| Economic value added (EVA) | 5 589.82 | 9 764.46 | -4 594.15 | 19 279.86 | 81 299.29 |
| Solvency | |||||
| Equity ratio | 95.0 % | 95.6 % | 95.6 % | 94.2 % | 94.8 % |
| Gearing | 0.0 % | 0.0 % | 0.0 % | 0.1 % | 0.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 27.9 | 33.2 | 34.8 | 28.4 | 37.9 |
| Current ratio | 28.2 | 33.7 | 35.4 | 29.2 | 39.4 |
| Cash and cash equivalents | 455 613.69 | 651 208.71 | 779 030.57 | 853 489.65 | 806 580.48 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | AA | AA |
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