TN Shipping ApS — Credit Rating and Financial Key Figures

CVR number: 40657320
Bombakken 63, 3320 Skævinge

Credit rating

Company information

Official name
TN Shipping ApS
Established
2019
Company form
Private limited company
Industry

About TN Shipping ApS

TN Shipping ApS (CVR number: 40657320) is a company from HILLERØD. The company recorded a gross profit of -60.2 kDKK in 2023. The operating profit was -60.2 kDKK, while net earnings were 2073.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TN Shipping ApS's liquidity measured by quick ratio was 331.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.24-8.39-29.06-41.54-60.16
EBIT-7.24-8.39-29.06-41.54-60.16
Net earnings-35.66446.0313 964.134 801.672 073.93
Shareholders equity total4.34450.3714 300.8018 085.2317 999.15
Balance sheet total (assets)1 059.231 253.3714 313.3018 097.7318 053.68
Net debt-39.02- 233.71-6 697.76-17 722.96-18 053.68
Profitability
EBIT-%
ROA-0.7 %41.3 %192.8 %30.8 %14.7 %
ROE-821.7 %196.2 %189.3 %29.7 %11.5 %
ROI-166.7 %210.0 %203.4 %30.8 %14.8 %
Economic value added (EVA)-5.64-6.64-40.59- 424.15-65.13
Solvency
Equity ratio0.4 %35.9 %99.9 %99.9 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.00.3560.71 447.8331.1
Current ratio0.00.3560.71 447.8331.1
Cash and cash equivalents39.02233.716 697.7617 722.9618 053.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:14.7%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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