TVED BRUGSFORENING — Credit Rating and Financial Key Figures
Credit rating
Company information
About TVED BRUGSFORENING
TVED BRUGSFORENING (CVR number: 60739013) is a company from SYDDJURS. The company reported a net sales of 33.8 mDKK in 2024, demonstrating a growth of 2.7 % compared to the previous year. The operating profit percentage was poor at -1.9 % (EBIT: -0.7 mDKK), while net earnings were -335.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72 %, 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. TVED BRUGSFORENING's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 33.43 | 34.33 | 35.03 | 32.93 | 33.82 |
Gross profit | 6.60 | 5.87 | 4.82 | 5.20 | 5.81 |
EBIT | 1.72 | 0.73 | -0.35 | -0.38 | -0.66 |
Net earnings | 1.47 | 0.72 | -0.09 | -0.07 | -0.34 |
Shareholders equity total | 14.28 | 14.99 | 14.91 | 14.84 | 14.50 |
Balance sheet total (assets) | 18.59 | 18.72 | 18.59 | 19.09 | 20.15 |
Net debt | -0.06 | -0.15 | 1.59 | ||
Profitability | |||||
EBIT-% | 5.2 % | 2.1 % | -1.0 % | -1.2 % | -1.9 % |
ROA | 10.3 % | 3.9 % | -0.7 % | -0.5 % | -1.8 % |
ROE | 10.9 % | 4.9 % | -0.6 % | -0.5 % | -2.3 % |
ROI | 10.3 % | 3.9 % | -0.8 % | -0.6 % | -2.2 % |
Economic value added (EVA) | 1.08 | 0.01 | -0.98 | -1.10 | -1.32 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 80.2 % | 77.7 % | 72.0 % |
Gearing | 12.4 % | ||||
Relative net indebtedness % | 7.4 % | 9.4 % | 13.3 % | ||
Liquidity | |||||
Quick ratio | 1.6 | 0.6 | 1.2 | ||
Current ratio | 2.3 | 1.2 | 1.7 | ||
Cash and cash equivalents | 0.06 | 0.15 | 0.21 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.9 | 8.5 | 0.7 | ||
Net working capital % | 9.6 % | 1.6 % | 6.8 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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