TV 2 Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 10413494
Rugårdsvej 25, 5000 Odense C
tv2@tv2.dk
tel: 65919191

Company information

Official name
TV 2 Danmark A/S
Personnel
1745 persons
Established
1986
Company form
Limited company
Industry

About TV 2 Danmark A/S

TV 2 Danmark A/S (CVR number: 10413494K) is a company from ODENSE. The company reported a net sales of 4153.3 mDKK in 2024, demonstrating a growth of 9.3 % compared to the previous year. The operating profit percentage was at 8.2 % (EBIT: 339.1 mDKK), while net earnings were 251.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good and Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.2 %, 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. TV 2 Danmark A/S's liquidity measured by quick ratio was 3.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales3 228.503 588.603 854.303 798.304 153.30
Gross profit3 228.50462.80340.10-2 785.80-3 016.20
EBIT405.70335.30-89.90289.20339.10
Net earnings327.60276.60- 169.40228.50251.90
Shareholders equity total2 725.303 002.802 831.401 911.001 935.80
Balance sheet total (assets)3 447.403 858.703 681.302 859.302 837.80
Net debt-2 475.70- 192.50-1 303.70- 331.40- 375.70
Profitability
EBIT-%12.6 %9.3 %-2.3 %7.6 %8.2 %
ROA13.2 %9.9 %-1.9 %9.4 %12.2 %
ROE12.8 %9.7 %-5.8 %9.6 %13.1 %
ROI16.3 %12.2 %-2.4 %12.5 %17.2 %
Economic value added (EVA)194.24127.46- 222.1082.45163.37
Solvency
Equity ratio80.2 %77.8 %76.9 %66.8 %68.2 %
Gearing
Relative net indebtedness %-54.3 %18.5 %-11.8 %16.2 %12.7 %
Liquidity
Quick ratio3.64.94.63.03.5
Current ratio4.84.94.63.03.5
Cash and cash equivalents2 475.70192.501 303.70331.40375.70
Capital use efficiency
Trade debtors turnover (days)54.150.550.253.547.5
Net working capital %18.6 %65.0 %60.1 %38.0 %37.0 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.2%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member
Board member

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