TWENTY TEN INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TWENTY TEN INVEST A/S
TWENTY TEN INVEST A/S (CVR number: 28685637) is a company from RUDERSDAL. The company recorded a gross profit of 895.4 kDKK in 2024. The operating profit was -8.7 kDKK, while net earnings were 17.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor but Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TWENTY TEN INVEST A/S's liquidity measured by quick ratio was 9.2 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 | 1 224.32 | 1 005.84 | 966.90 | 575.85 | 895.40 |
EBIT | 661.07 | 1 436.53 | 45.91 | - 232.97 | -8.70 |
Net earnings | 505.25 | 1 034.11 | - 137.50 | - 190.54 | 17.49 |
Shareholders equity total | 1 282.89 | 2 303.11 | 2 065.61 | 1 816.17 | 1 772.65 |
Balance sheet total (assets) | 5 557.93 | 6 496.30 | 2 302.76 | 2 071.35 | 1 963.93 |
Net debt | 3 709.03 | -2 650.41 | -1 526.82 | -1 732.19 | -1 632.10 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.2 % | 23.1 % | 1.0 % | -10.5 % | -0.4 % |
ROE | 47.8 % | 57.7 % | -6.3 % | -9.8 % | 1.0 % |
ROI | 14.3 % | 24.8 % | 1.1 % | -11.3 % | -0.4 % |
Economic value added (EVA) | 263.43 | 880.30 | - 254.63 | - 298.92 | - 101.77 |
Solvency | |||||
Equity ratio | 23.1 % | 35.5 % | 89.7 % | 87.7 % | 90.3 % |
Gearing | 303.5 % | 163.6 % | 5.7 % | 4.7 % | 0.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 1.5 | 8.8 | 7.3 | 9.2 |
Current ratio | 0.5 | 1.5 | 8.8 | 8.0 | 10.1 |
Cash and cash equivalents | 183.97 | 6 417.74 | 1 645.50 | 1 818.43 | 1 636.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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