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 729 mDKK in 2023, demonstrating a decline of -16.6 % compared to the previous year. The operating profit percentage was at 42.8 % (EBIT: 312 mDKK), while net earnings were 128 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 82.9 %, 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 1.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 17 044.00 | 16 089.00 | 16 002.00 | 874.00 | 729.00 |
Gross profit | 12 099.00 | 11 463.00 | 11 088.00 | 403.00 | 425.00 |
EBIT | 1 166.00 | 1 292.00 | 1 816.00 | -15.00 | 312.00 |
Net earnings | 180.00 | 151.00 | 396.00 | 5 268.00 | 128.00 |
Shareholders equity total | 15 286.00 | 15 254.00 | 34 409.00 | 40 073.00 | 36 589.00 |
Balance sheet total (assets) | 56 894.00 | 55 840.00 | 58 897.00 | 52 144.00 | 44 122.00 |
Net debt | 22 174.00 | 22 286.00 | 20 773.00 | 4 246.00 | 1 112.00 |
Profitability | |||||
EBIT-% | 6.8 % | 8.0 % | 11.3 % | -1.7 % | 42.8 % |
ROA | 2.2 % | 2.3 % | 3.2 % | 17.0 % | 3.3 % |
ROE | 1.2 % | 1.0 % | 1.6 % | 14.1 % | 0.3 % |
ROI | 2.8 % | 3.0 % | 4.1 % | 20.0 % | 3.5 % |
Economic value added (EVA) | - 532.74 | -1 019.93 | - 824.31 | -1 740.17 | - 245.50 |
Solvency | |||||
Equity ratio | 26.9 % | 27.3 % | 45.2 % | 76.9 % | 82.9 % |
Gearing | 155.4 % | 148.9 % | 62.7 % | 14.2 % | 3.9 % |
Relative net indebtedness % | 234.9 % | 249.6 % | 255.4 % | 1217.2 % | 988.6 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.3 | 0.2 | 1.8 | 1.2 |
Current ratio | 0.5 | 0.4 | 0.3 | 1.8 | 1.2 |
Cash and cash equivalents | 1 577.00 | 434.00 | 798.00 | 1 433.00 | 326.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.7 | 37.6 | 32.9 | 8.4 | 18.5 |
Net working capital % | -29.3 % | -39.0 % | -62.8 % | 420.9 % | 31.0 % |
Credit risk | |||||
Credit rating | A | A | A | AA | AA |
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