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

CVR number: 10413494
Rugårdsvej 25, 5000 Odense C
tv2@tv2.dk
tel: 65913322

Credit rating

Company information

Official name
TV 2 Danmark A/S
Personnel
1717 persons
Established
1986
Company form
Limited company
Industry
  • Expand more icon60Programming and broadcasting activities

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales2 468.302 528.002 618.202 882.803 134.90
Gross profit2 468.302 528.002 618.202 882.803 134.90
EBIT-83.7043.7025.5059.6086.50
Net earnings78.80216.10218.20306.00259.90
Shareholders equity total1 640.601 854.102 072.502 378.602 637.90
Balance sheet total (assets)2 215.302 394.002 616.402 923.803 290.10
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 %
ROA4.2 %10.4 %10.1 %11.9 %9.3 %
ROE4.8 %12.4 %11.1 %13.7 %10.4 %
ROI5.5 %13.4 %12.7 %14.6 %11.2 %
Economic value added (EVA)- 118.1611.8914.6565.6192.02
Solvency
Equity ratio75.0 %78.3 %80.3 %82.9 %81.3 %
Gearing2.4 %1.7 %1.6 %0.3 %
Relative net indebtedness %-10.9 %-34.6 %-56.8 %-63.2 %-57.9 %
Liquidity
Quick ratio1.62.22.94.13.4
Current ratio2.63.13.54.74.3
Cash and cash equivalents843.201 414.902 030.202 368.202 466.70
Capital use efficiency
Trade debtors turnover (days)36.631.435.535.736.8
Net working capital %16.0 %14.7 %11.2 %15.0 %7.8 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:9.32%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.3%
Rating: 60/100
-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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