TDC Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TDC Holding A/S
TDC Holding A/S (CVR number: 14773908K) is a company from KØBENHAVN. The company reported a net sales of 688 mDKK in 2024, demonstrating a decline of -5.6 % compared to the previous year. The operating profit percentage was poor at -12.2 % (EBIT: -84 mDKK), while net earnings were -971 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TDC Holding A/S's liquidity measured by quick ratio was 1.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 16 089.00 | 16 002.00 | 874.00 | 729.00 | 688.00 |
Gross profit | 11 463.00 | 11 088.00 | 403.00 | 425.00 | 394.00 |
EBIT | 1 292.00 | 1 816.00 | -15.00 | 312.00 | -84.00 |
Net earnings | 151.00 | 396.00 | 5 268.00 | 128.00 | - 971.00 |
Shareholders equity total | 15 254.00 | 17 227.00 | 40 073.00 | 35 677.00 | 34 604.00 |
Balance sheet total (assets) | 55 840.00 | 58 897.00 | 52 144.00 | 42 953.00 | 41 465.00 |
Net debt | 22 286.00 | 20 760.00 | 4 246.00 | 1 112.00 | 1 169.00 |
Profitability | |||||
EBIT-% | 8.0 % | 11.3 % | -1.7 % | 42.8 % | -12.2 % |
ROA | 2.3 % | 3.2 % | 17.0 % | 3.3 % | 0.8 % |
ROE | 1.0 % | 2.4 % | 18.4 % | 0.3 % | -2.8 % |
ROI | 3.0 % | 4.1 % | 20.0 % | 3.5 % | 0.8 % |
Economic value added (EVA) | -1 019.93 | - 824.31 | -1 739.52 | - 245.50 | - 406.17 |
Solvency | |||||
Equity ratio | 27.3 % | 29.2 % | 76.9 % | 83.1 % | 83.5 % |
Gearing | 148.9 % | 125.2 % | 14.2 % | 4.0 % | 4.3 % |
Relative net indebtedness % | 249.6 % | 255.3 % | 1217.2 % | 953.4 % | 949.6 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.2 | 1.8 | 1.2 | 1.4 |
Current ratio | 0.4 | 0.3 | 1.8 | 1.2 | 1.4 |
Cash and cash equivalents | 434.00 | 811.00 | 1 433.00 | 326.00 | 328.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 37.6 | 32.9 | 8.4 | 18.5 | 8.0 |
Net working capital % | -39.0 % | -62.8 % | 420.9 % | 31.0 % | 46.1 % |
Credit risk | |||||
Credit rating | A | A | AA | AA | A |
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