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 -53 kDKK in 2024. The operating profit was -53 kDKK, while net earnings were 4649 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent but Return on Equity (ROE) was 3.4 %, 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 2159.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -65.00 | -53.00 | |||
EBIT | -78.00 | -75.00 | -73.00 | -65.00 | -53.00 |
Net earnings | 399 892.00 | 1 495.00 | 444.00 | 4 062.00 | 4 649.00 |
Shareholders equity total | 1 927 477.00 | 128 972.00 | 129 416.00 | 133 478.00 | 138 127.00 |
Balance sheet total (assets) | 1 927 541.00 | 129 036.00 | 129 480.00 | 133 542.00 | 138 191.00 |
Net debt | |||||
Profitability | |||||
EBIT-% | |||||
ROA | -0.0 % | -0.0 % | -0.1 % | 19.2 % | 19.3 % |
ROE | 23.1 % | 0.1 % | 0.3 % | 3.1 % | 3.4 % |
ROI | -0.0 % | -0.0 % | -0.1 % | 19.2 % | 19.3 % |
Economic value added (EVA) | -76 839.15 | -96 930.72 | -6 553.84 | -6 568.15 | -6 760.27 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 100.0 % | 100.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2 086.6 | 2 159.2 | |||
Current ratio | 2 086.6 | 2 159.2 | |||
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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