TL NORDIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TL NORDIC A/S
TL NORDIC A/S (CVR number: 12940432) is a company from HØRSHOLM. The company recorded a gross profit of -224.8 kDKK in 2024. The operating profit was -295.8 kDKK, while net earnings were 4520.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 24.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TL NORDIC A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 98.06 | -13.34 | - 224.76 | ||
EBIT | -65.42 | - 182.99 | -8.93 | -96.62 | - 295.75 |
Net earnings | 3 467.46 | 6 334.85 | 6 826.21 | 369.42 | 4 520.67 |
Shareholders equity total | 11 620.83 | 15 353.21 | 15 684.39 | 16 073.84 | 20 602.90 |
Balance sheet total (assets) | 28 678.35 | 19 732.94 | 29 187.40 | 18 924.24 | 23 541.98 |
Net debt | 16 814.75 | 4 215.06 | 9 523.26 | - 311.06 | 1 054.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.5 % | 28.0 % | 27.6 % | 2.4 % | 21.9 % |
ROE | 35.0 % | 47.0 % | 44.0 % | 2.3 % | 24.7 % |
ROI | 14.8 % | 28.2 % | 29.0 % | 2.6 % | 22.7 % |
Economic value added (EVA) | 1 126.17 | 691.39 | 301.77 | 971.04 | - 148.47 |
Solvency | |||||
Equity ratio | 40.5 % | 77.8 % | 53.7 % | 84.9 % | 87.5 % |
Gearing | 144.7 % | 27.5 % | 71.9 % | 8.6 % | 13.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.2 | 0.8 | 0.7 |
Current ratio | 0.0 | 0.1 | 0.2 | 0.8 | 0.7 |
Cash and cash equivalents | 0.20 | 0.17 | 1 755.12 | 1 696.30 | 1 791.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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