TRE KRONOR MEDIA DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 35039147
Niels Hemmingsens Gade 1, 1153 København K
henrik.vonbahr@trekronormedia.dk
tel: 51727953
www.trekronormedia.dk

Credit rating

Company information

Official name
TRE KRONOR MEDIA DANMARK A/S
Personnel
6 persons
Established
2012
Company form
Limited company
Industry

About TRE KRONOR MEDIA DANMARK A/S

TRE KRONOR MEDIA DANMARK A/S (CVR number: 35039147) is a company from KØBENHAVN. The company recorded a gross profit of 8387.6 kDKK in 2023. The operating profit was 2829.1 kDKK, while net earnings were 1881.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 49.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TRE KRONOR MEDIA DANMARK A/S's liquidity measured by quick ratio was 1.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 017.624 552.176 476.956 608.658 387.61
EBIT118.07655.072 025.431 678.422 829.10
Net earnings- 203.46445.491 471.481 239.971 881.88
Shareholders equity total- 312.52132.971 604.462 844.434 726.30
Balance sheet total (assets)7 423.449 022.4414 975.4819 508.9425 836.21
Net debt-3 791.78-4 965.44-6 224.95-8 073.18-9 524.66
Profitability
EBIT-%
ROA1.4 %8.0 %16.9 %10.6 %12.8 %
ROE-2.3 %11.8 %169.4 %55.7 %49.7 %
ROI36.3 %61.8 %111.8 %56.6 %52.4 %
Economic value added (EVA)104.95577.791 484.981 207.861 961.33
Solvency
Equity ratio-4.2 %1.5 %12.1 %14.9 %18.7 %
Gearing-58.7 %1295.9 %10.3 %65.7 %35.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.31.21.3
Current ratio1.01.01.11.21.2
Cash and cash equivalents3 975.316 688.636 390.909 940.8811 187.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.7%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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