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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 -172.6 kDKK in 2025. The operating profit was -323.3 kDKK, while net earnings were 1002.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94.6 %, 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 16.8 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 225.10 | - 147.05 | - 215.16 | - 269.26 | - 172.64 |
| EBIT | - 240.41 | - 162.37 | - 230.48 | - 429.58 | - 323.31 |
| Net earnings | 3 162.75 | -4 396.18 | 1 509.42 | 4 214.73 | 1 002.36 |
| Shareholders equity total | 46 576.40 | 38 180.22 | 37 689.64 | 39 904.37 | 36 906.73 |
| Balance sheet total (assets) | 47 587.90 | 38 196.83 | 39 407.86 | 42 621.17 | 38 998.48 |
| Net debt | -45 817.12 | -34 844.66 | -34 384.23 | -36 268.04 | -33 455.46 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 8.7 % | 0.1 % | 3.9 % | 11.4 % | 3.3 % |
| ROE | 6.9 % | -10.4 % | 4.0 % | 10.9 % | 2.6 % |
| ROI | 8.8 % | 0.1 % | 3.9 % | 11.4 % | 3.3 % |
| Economic value added (EVA) | -2 469.65 | -2 511.31 | -2 152.28 | -2 373.32 | -2 375.43 |
| Solvency | |||||
| Equity ratio | 97.9 % | 100.0 % | 95.6 % | 93.6 % | 94.6 % |
| Gearing | 0.4 % | 4.5 % | 5.9 % | 4.7 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 45.5 | 2 103.6 | 21.0 | 14.2 | 16.8 |
| Current ratio | 45.5 | 2 103.6 | 21.0 | 14.2 | 16.8 |
| Cash and cash equivalents | 45 988.13 | 34 844.66 | 36 077.92 | 38 639.11 | 35 177.09 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | A | A |
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