TV 2 NETWORKS A/S — Credit Rating and Financial Key Figures

CVR number: 26603471
Rugårdsvej 25, 5000 Odense C
zulu@tv.dk
tel: 33797350

Company information

Official name
TV 2 NETWORKS A/S
Established
2002
Company form
Limited company
Industry

About TV 2 NETWORKS A/S

TV 2 NETWORKS A/S (CVR number: 26603471) is a company from ODENSE. The company reported a net sales of 1577.7 mDKK in 2024, demonstrating a growth of 9.6 % compared to the previous year. The operating profit percentage was at 23.5 % (EBIT: 370 mDKK), while net earnings were 288.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 69.2 %, which can be considered excellent and Return on Equity (ROE) was 73.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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. TV 2 NETWORKS A/S's liquidity measured by quick ratio was 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 222.401 243.901 352.201 440.111 577.65
Gross profit1 222.401 243.901 352.201 440.111 577.65
EBIT315.90259.30240.10296.88370.05
Net earnings245.70201.70186.60231.07288.17
Shareholders equity total349.50437.68
Balance sheet total (assets)10.14498.87571.14
Net debt-10.1472.55-9.55
Profitability
EBIT-%25.8 %20.8 %17.8 %20.6 %23.5 %
ROA2368.1 %116.8 %69.2 %
ROE107058.8 %132.2 %73.2 %
ROI2368.1 %124.3 %73.7 %
Economic value added (EVA)315.89259.30240.10231.57265.11
Solvency
Equity ratio70.1 %76.6 %
Gearing22.6 %9.0 %
Relative net indebtedness %-0.7 %7.2 %1.6 %
Liquidity
Quick ratio1.93.0
Current ratio4.57.7
Cash and cash equivalents10.146.3349.09
Capital use efficiency
Trade debtors turnover (days)44.736.4
Net working capital %0.7 %27.0 %31.5 %
Credit risk
Credit ratingCBCBBBB

Variable visualization

ROA:69.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.6%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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