TN1971 ApS — Credit Rating and Financial Key Figures

CVR number: 38684841
Gothersgade 48, 7000 Fredericia

Credit rating

Company information

Official name
TN1971 ApS
Established
2017
Company form
Private limited company
Industry

About TN1971 ApS

TN1971 ApS (CVR number: 38684841) is a company from FREDERICIA. The company recorded a gross profit of -1046.5 kDKK in 2023. The operating profit was -1046.5 kDKK, while net earnings were -1084.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13 %, which can be considered poor and Return on Equity (ROE) was -14.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TN1971 ApS's liquidity measured by quick ratio was 1.6 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 profit-20.34-64.89-19.50- 200.25-1 046.54
EBIT-50.34-94.88-49.50- 210.25-1 046.54
Net earnings1 588.37-1 647.10- 740.88-1 167.16-1 084.61
Shareholders equity total11 838.4910 191.399 450.528 218.367 074.85
Balance sheet total (assets)11 898.9310 318.859 600.418 241.728 264.25
Net debt- 476.04- 407.72- 388.38-8.29794.93
Profitability
EBIT-%
ROA14.4 %-14.9 %-0.1 %-1.9 %-13.0 %
ROE14.4 %-15.0 %-7.5 %-13.2 %-14.2 %
ROI14.4 %-14.9 %-0.1 %-1.9 %-13.3 %
Economic value added (EVA)- 408.04- 428.19- 475.54- 656.71-1 402.46
Solvency
Equity ratio99.5 %98.8 %98.4 %99.7 %85.6 %
Gearing0.2 %0.9 %1.2 %0.0 %12.0 %
Relative net indebtedness %
Liquidity
Quick ratio61.530.421.276.41.6
Current ratio61.530.421.276.41.6
Cash and cash equivalents505.19500.76500.7510.1457.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:-13.0%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.6%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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