TØNDER SPILDEVAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TØNDER SPILDEVAND A/S
TØNDER SPILDEVAND A/S (CVR number: 32065767) is a company from TØNDER. The company reported a net sales of 90.2 mDKK in 2024, demonstrating a growth of 6.1 % compared to the previous year. The operating profit percentage was at 23.7 % (EBIT: 21.4 mDKK), while net earnings were 16.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.4 %, 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. TØNDER SPILDEVAND A/S's liquidity measured by quick ratio was 0.6 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 | 73.58 | 75.08 | 82.05 | 85.02 | 90.18 |
Gross profit | 28.07 | 29.53 | 30.51 | 23.25 | 32.85 |
EBIT | 18.87 | 21.74 | 20.98 | 13.90 | 21.36 |
Net earnings | 16.21 | 17.05 | 16.22 | 9.17 | 16.38 |
Shareholders equity total | 661.04 | 678.09 | 694.32 | 703.49 | 719.87 |
Balance sheet total (assets) | 717.94 | 799.10 | 873.13 | 896.55 | 930.14 |
Net debt | 44.42 | 96.16 | 153.90 | 175.47 | 201.04 |
Profitability | |||||
EBIT-% | 25.6 % | 28.9 % | 25.6 % | 16.4 % | 23.7 % |
ROA | 2.7 % | 2.9 % | 2.5 % | 1.6 % | 2.4 % |
ROE | 2.5 % | 2.5 % | 2.4 % | 1.3 % | 2.3 % |
ROI | 2.7 % | 2.9 % | 2.4 % | 1.5 % | 2.4 % |
Economic value added (EVA) | -15.63 | -13.74 | -18.89 | -33.03 | -20.11 |
Solvency | |||||
Equity ratio | 92.1 % | 84.9 % | 79.5 % | 78.5 % | 77.4 % |
Gearing | 6.7 % | 14.7 % | 22.8 % | 24.9 % | 27.9 % |
Relative net indebtedness % | 76.7 % | 156.2 % | 76.0 % | 227.1 % | 233.2 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.2 | 2.0 | 0.2 | 0.6 |
Current ratio | 0.6 | 0.2 | 2.0 | 0.2 | 0.6 |
Cash and cash equivalents | 3.71 | 4.70 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.5 | 40.3 | 44.4 | 40.6 | 46.7 |
Net working capital % | -16.9 % | -100.4 % | 14.6 % | -88.8 % | -14.1 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | AAA | AAA |
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