TUNE BRUGSFORENING — Credit Rating and Financial Key Figures
Credit rating
Company information
About TUNE BRUGSFORENING
TUNE BRUGSFORENING (CVR number: 70539713) is a company from GREVE. The company reported a net sales of 70 mDKK in 2024, demonstrating a growth of 13 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 0.8 mDKK), while net earnings were 593.3 kDKK. 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 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TUNE BRUGSFORENING's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 63.98 | 65.13 | 61.60 | 61.95 | 70.01 |
Gross profit | 13.38 | 12.45 | 8.89 | 10.05 | 13.06 |
EBIT | 1.39 | 0.98 | -2.70 | -1.10 | 0.84 |
Net earnings | 1.07 | 0.79 | -2.11 | -0.92 | 0.59 |
Shareholders equity total | 24.73 | 25.54 | 23.47 | 22.56 | 23.18 |
Balance sheet total (assets) | 45.63 | 43.48 | 36.60 | 35.20 | 35.16 |
Net debt | 3.16 | 1.98 | |||
Profitability | |||||
EBIT-% | 2.2 % | 1.5 % | -4.4 % | -1.8 % | 1.2 % |
ROA | 3.1 % | 2.2 % | -6.8 % | -2.2 % | 3.3 % |
ROE | 4.4 % | 3.2 % | -8.6 % | -4.0 % | 2.6 % |
ROI | 3.1 % | 2.2 % | -6.8 % | -2.4 % | 3.9 % |
Economic value added (EVA) | 0.21 | -0.26 | -3.99 | -2.04 | -0.59 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 64.1 % | 65.9 % |
Gearing | 30.6 % | 23.3 % | |||
Relative net indebtedness % | 13.7 % | 11.4 % | |||
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | |||
Current ratio | 1.5 | 1.4 | |||
Cash and cash equivalents | 3.74 | 3.42 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.8 | 1.3 | |||
Net working capital % | 4.6 % | 3.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AA |
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