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TN-Network P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TN-Network P/S
TN-Network P/S (CVR number: 34230625) is a company from KØBENHAVN. The company reported a net sales of 1032.1 mDKK in 2025, demonstrating a growth of 5.2 % compared to the previous year. The operating profit percentage was at 8.3 % (EBIT: 85.5 mDKK), while net earnings were 19.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 30.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TN-Network P/S'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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 988.98 | 1 103.84 | 960.84 | 981.45 | 1 032.09 |
| Gross profit | 743.70 | 729.07 | 664.29 | 684.91 | 724.92 |
| EBIT | 60.32 | 51.25 | 58.76 | 71.34 | 85.53 |
| Net earnings | 34.60 | 19.63 | -6.67 | -6.55 | 19.55 |
| Shareholders equity total | 1 171.44 | 1 191.06 | 1 184.39 | 1 177.84 | 1 197.38 |
| Balance sheet total (assets) | 3 849.67 | 4 190.24 | 4 339.16 | 4 153.51 | 3 983.84 |
| Net debt | 939.44 | 951.43 | |||
| Profitability | |||||
| EBIT-% | 6.1 % | 4.6 % | 6.1 % | 7.3 % | 8.3 % |
| ROA | 1.5 % | 1.3 % | 1.4 % | 1.7 % | 2.1 % |
| ROE | 200.0 % | 1.7 % | -0.6 % | -0.6 % | 1.6 % |
| ROI | 1.5 % | 1.3 % | 1.4 % | 2.0 % | 2.8 % |
| Economic value added (EVA) | 117.45 | -7.62 | -1.09 | 11.82 | -68.09 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 29.2 % | 30.6 % |
| Gearing | 86.5 % | 85.4 % | |||
| Relative net indebtedness % | 256.7 % | 230.2 % | |||
| Liquidity | |||||
| Quick ratio | 0.7 | 0.7 | |||
| Current ratio | 0.7 | 0.7 | |||
| Cash and cash equivalents | 79.44 | 70.96 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 6.1 | ||||
| Net working capital % | -11.8 % | -15.2 % | |||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | A |
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