TVED BRUGSFORENING — Credit Rating and Financial Key Figures

CVR number: 60739013
Tved Bygade 48, 8420 Knebel
Free credit report Annual report

Company information

Official name
TVED BRUGSFORENING
Personnel
26 persons
Established
1915
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales33.4334.3335.0332.9333.82
Gross profit6.605.874.825.205.81
EBIT1.720.73-0.35-0.38-0.66
Net earnings1.470.72-0.09-0.07-0.34
Shareholders equity total14.2814.9914.9114.8414.50
Balance sheet total (assets)18.5918.7218.5919.0920.15
Net debt-0.06-0.151.59
Profitability
EBIT-%5.2 %2.1 %-1.0 %-1.2 %-1.9 %
ROA10.3 %3.9 %-0.7 %-0.5 %-1.8 %
ROE10.9 %4.9 %-0.6 %-0.5 %-2.3 %
ROI10.3 %3.9 %-0.8 %-0.6 %-2.2 %
Economic value added (EVA)1.080.01-0.98-1.10-1.32
Solvency
Equity ratio100.0 %100.0 %80.2 %77.7 %72.0 %
Gearing12.4 %
Relative net indebtedness %7.4 %9.4 %13.3 %
Liquidity
Quick ratio1.60.61.2
Current ratio2.31.21.7
Cash and cash equivalents0.060.150.21
Capital use efficiency
Trade debtors turnover (days)1.98.50.7
Net working capital %9.6 %1.6 %6.8 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:-1.84%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.0%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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