TV 2 NETWORKS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 222.40 | 1 243.90 | 1 352.20 | 1 440.11 | 1 577.65 |
Gross profit | 1 222.40 | 1 243.90 | 1 352.20 | 1 440.11 | 1 577.65 |
EBIT | 315.90 | 259.30 | 240.10 | 296.88 | 370.05 |
Net earnings | 245.70 | 201.70 | 186.60 | 231.07 | 288.17 |
Shareholders equity total | 349.50 | 437.68 | |||
Balance sheet total (assets) | 10.14 | 498.87 | 571.14 | ||
Net debt | -10.14 | 72.55 | -9.55 | ||
Profitability | |||||
EBIT-% | 25.8 % | 20.8 % | 17.8 % | 20.6 % | 23.5 % |
ROA | 2368.1 % | 116.8 % | 69.2 % | ||
ROE | 107058.8 % | 132.2 % | 73.2 % | ||
ROI | 2368.1 % | 124.3 % | 73.7 % | ||
Economic value added (EVA) | 315.89 | 259.30 | 240.10 | 231.57 | 265.11 |
Solvency | |||||
Equity ratio | 70.1 % | 76.6 % | |||
Gearing | 22.6 % | 9.0 % | |||
Relative net indebtedness % | -0.7 % | 7.2 % | 1.6 % | ||
Liquidity | |||||
Quick ratio | 1.9 | 3.0 | |||
Current ratio | 4.5 | 7.7 | |||
Cash and cash equivalents | 10.14 | 6.33 | 49.09 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 44.7 | 36.4 | |||
Net working capital % | 0.7 % | 27.0 % | 31.5 % | ||
Credit risk | |||||
Credit rating | C | B | C | BB | BB |
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