TV 2 Danmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TV 2 Danmark A/S
TV 2 Danmark A/S (CVR number: 10413494) is a company from ODENSE. The company reported a net sales of 3134.9 mDKK in 2020, demonstrating a growth of 8.7 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 86.5 mDKK), while net earnings were 259.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TV 2 Danmark A/S's liquidity measured by quick ratio was 3.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 468.30 | 2 528.00 | 2 618.20 | 2 882.80 | 3 134.90 |
Gross profit | 2 468.30 | 2 528.00 | 2 618.20 | 2 882.80 | 3 134.90 |
EBIT | -83.70 | 43.70 | 25.50 | 59.60 | 86.50 |
Net earnings | 78.80 | 216.10 | 218.20 | 306.00 | 259.90 |
Shareholders equity total | 1 640.60 | 1 854.10 | 2 072.50 | 2 378.60 | 2 637.90 |
Balance sheet total (assets) | 2 215.30 | 2 394.00 | 2 616.40 | 2 923.80 | 3 290.10 |
Net debt | - 803.30 | -1 384.30 | -1 997.00 | -2 368.20 | -2 457.70 |
Profitability | |||||
EBIT-% | -3.4 % | 1.7 % | 1.0 % | 2.1 % | 2.8 % |
ROA | 4.2 % | 10.4 % | 10.1 % | 11.9 % | 9.3 % |
ROE | 4.8 % | 12.4 % | 11.1 % | 13.7 % | 10.4 % |
ROI | 5.5 % | 13.4 % | 12.7 % | 14.6 % | 11.2 % |
Economic value added (EVA) | - 118.16 | 11.89 | 14.65 | 65.61 | 92.02 |
Solvency | |||||
Equity ratio | 75.0 % | 78.3 % | 80.3 % | 82.9 % | 81.3 % |
Gearing | 2.4 % | 1.7 % | 1.6 % | 0.3 % | |
Relative net indebtedness % | -10.9 % | -34.6 % | -56.8 % | -63.2 % | -57.9 % |
Liquidity | |||||
Quick ratio | 1.6 | 2.2 | 2.9 | 4.1 | 3.4 |
Current ratio | 2.6 | 3.1 | 3.5 | 4.7 | 4.3 |
Cash and cash equivalents | 843.20 | 1 414.90 | 2 030.20 | 2 368.20 | 2 466.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 36.6 | 31.4 | 35.5 | 35.7 | 36.8 |
Net working capital % | 16.0 % | 14.7 % | 11.2 % | 15.0 % | 7.8 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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