TVR Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TVR Holding A/S
TVR Holding A/S (CVR number: 28706545) is a company from THISTED. The company recorded a gross profit of -269.3 kDKK in 2024. The operating profit was -429.6 kDKK, while net earnings were 4214.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TVR Holding A/S's liquidity measured by quick ratio was 14.2 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 | - 242.59 | - 225.10 | - 147.05 | - 215.16 | - 269.26 |
EBIT | - 358.91 | - 240.41 | - 162.37 | - 230.48 | - 429.58 |
Net earnings | 615.00 | 3 162.75 | -4 396.18 | 1 509.42 | 4 214.73 |
Shareholders equity total | 45 413.65 | 46 576.40 | 38 180.22 | 37 689.64 | 39 904.37 |
Balance sheet total (assets) | 45 480.01 | 47 587.90 | 38 196.83 | 39 407.86 | 42 621.17 |
Net debt | -44 332.49 | -45 817.12 | -34 844.66 | -34 384.23 | -36 268.04 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.7 % | 8.7 % | 0.1 % | 3.9 % | 11.4 % |
ROE | 1.3 % | 6.9 % | -10.4 % | 4.0 % | 10.9 % |
ROI | 1.7 % | 8.8 % | 0.1 % | 3.9 % | 11.4 % |
Economic value added (EVA) | - 351.89 | - 241.37 | - 191.82 | - 401.34 | - 475.30 |
Solvency | |||||
Equity ratio | 99.9 % | 97.9 % | 100.0 % | 95.6 % | 93.6 % |
Gearing | 0.0 % | 0.4 % | 4.5 % | 5.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 668.5 | 45.5 | 2 103.6 | 21.0 | 14.2 |
Current ratio | 668.5 | 45.5 | 2 103.6 | 21.0 | 14.2 |
Cash and cash equivalents | 44 338.20 | 45 988.13 | 34 844.66 | 36 077.92 | 38 639.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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