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 575.9 kDKK in 2023. The operating profit was -233 kDKK, while net earnings were -190.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.5 %, which can be considered poor and Return on Equity (ROE) was -9.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.7 %, 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 7.3 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 | 1 613.32 | 1 224.32 | 1 005.84 | 966.90 | 575.85 |
EBIT | 125.30 | 661.07 | 1 436.53 | 45.91 | - 232.97 |
Net earnings | 116.77 | 505.25 | 1 034.11 | - 137.50 | - 190.54 |
Shareholders equity total | 832.95 | 1 282.89 | 2 303.11 | 2 065.61 | 1 816.17 |
Balance sheet total (assets) | 5 420.24 | 5 557.93 | 6 496.30 | 2 302.76 | 2 071.35 |
Net debt | 3 927.65 | 3 709.03 | -2 650.41 | -1 526.82 | -1 732.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.7 % | 13.2 % | 23.1 % | 1.0 % | -10.5 % |
ROE | 14.6 % | 47.8 % | 57.7 % | -6.3 % | -9.8 % |
ROI | 4.0 % | 14.3 % | 24.8 % | 1.1 % | -11.3 % |
Economic value added (EVA) | - 143.01 | 290.12 | 906.19 | 258.45 | - 208.69 |
Solvency | |||||
Equity ratio | 15.4 % | 23.1 % | 35.5 % | 89.7 % | 87.7 % |
Gearing | 495.2 % | 303.5 % | 163.6 % | 5.7 % | 4.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 1.5 | 8.8 | 7.3 |
Current ratio | 0.5 | 0.5 | 1.5 | 8.8 | 8.0 |
Cash and cash equivalents | 197.13 | 183.97 | 6 417.74 | 1 645.50 | 1 818.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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