Tn Finance A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tn Finance A/S
Tn Finance A/S (CVR number: 37439649) is a company from KØBENHAVN. The company recorded a gross profit of -65 kDKK in 2023. The operating profit was -65 kDKK, while net earnings were 4062 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.2 %, which can be considered excellent but Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Tn Finance A/S's liquidity measured by quick ratio was 2086.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -73.00 | -65.00 | |||
EBIT | -73.00 | -65.00 | |||
Net earnings | 976 892.00 | 399 892.00 | 1 495.00 | 444.00 | 4 062.00 |
Shareholders equity total | 1 527 585.00 | 1 927 477.00 | 128 972.00 | 129 416.00 | 133 478.00 |
Balance sheet total (assets) | 1 572 654.00 | 1 927 541.00 | 129 036.00 | 129 480.00 | 133 542.00 |
Net debt | |||||
Profitability | |||||
EBIT-% | |||||
ROA | 8.7 % | 19.2 % | |||
ROE | 94.0 % | 23.1 % | 0.1 % | 0.3 % | 3.1 % |
ROI | 8.7 % | 19.2 % | |||
Economic value added (EVA) | -27 672.32 | -76 761.15 | -96 855.72 | -6 553.84 | -6 568.15 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 100.0 % | 100.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2 023.1 | 2 086.6 | |||
Current ratio | 2 023.1 | 2 086.6 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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