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T. N. HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About T. N. HOLDING A/S
T. N. HOLDING A/S (CVR number: 14647384) is a company from HERNING. The company recorded a gross profit of -54 kDKK in 2024. The operating profit was -748.2 kDKK, while net earnings were 491.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T. N. HOLDING A/S's liquidity measured by quick ratio was 175.7 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 | - 275.86 | - 208.75 | - 147.00 | -79.00 | -54.03 |
| EBIT | - 798.67 | - 821.52 | - 777.00 | - 757.00 | - 748.19 |
| Net earnings | 3 140.42 | -2 672.34 | 663.00 | 1 673.00 | 491.23 |
| Shareholders equity total | 34 232.42 | 30 360.08 | 30 909.00 | 32 464.00 | 32 295.65 |
| Balance sheet total (assets) | 34 378.03 | 30 650.21 | 31 044.00 | 32 629.00 | 32 460.21 |
| Net debt | -26 248.21 | -25 178.45 | -25 423.00 | -27 544.00 | -24 208.34 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.5 % | 6.3 % | 2.0 % | 6.5 % | 2.8 % |
| ROE | 9.6 % | -8.3 % | 2.2 % | 5.3 % | 1.5 % |
| ROI | 11.6 % | 6.3 % | 2.0 % | 6.5 % | 2.9 % |
| Economic value added (EVA) | -2 190.70 | -2 363.37 | -2 145.08 | -2 146.51 | -2 216.65 |
| Solvency | |||||
| Equity ratio | 99.6 % | 99.1 % | 99.6 % | 99.5 % | 99.5 % |
| Gearing | 0.1 % | 0.8 % | 0.2 % | 0.2 % | 0.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 218.4 | 90.0 | 191.7 | 168.7 | 175.7 |
| Current ratio | 218.4 | 90.0 | 191.7 | 168.7 | 175.7 |
| Cash and cash equivalents | 26 293.78 | 25 431.68 | 25 474.00 | 27 594.00 | 24 258.03 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | AA | AA | AA |
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