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TV-bussen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TV-bussen ApS
TV-bussen ApS (CVR number: 38708961) is a company from RUDERSDAL. The company reported a net sales of 0.8 mDKK in 2025, demonstrating a growth of 33.6 % compared to the previous year. The operating profit percentage was at 12.3 % (EBIT: 0.1 mDKK), while net earnings were 53.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TV-bussen ApS's liquidity measured by quick ratio was 1.6 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 700.31 | 1 886.61 | 617.48 | 824.94 | |
| Gross profit | 1 241.15 | 1 164.54 | 162.59 | 118.17 | |
| EBIT | - 126.02 | 47.84 | 115.75 | 130.03 | 101.37 |
| Net earnings | - 145.19 | 37.01 | 90.25 | 54.62 | 53.57 |
| Shareholders equity total | 59.09 | 96.10 | 186.36 | 266.44 | 320.01 |
| Balance sheet total (assets) | 896.33 | 1 463.39 | 1 311.16 | 1 289.53 | 759.73 |
| Net debt | 203.90 | 669.68 | 818.62 | 898.26 | - 122.08 |
| Profitability | |||||
| EBIT-% | 2.8 % | 6.1 % | 21.1 % | 12.3 % | |
| ROA | -7.6 % | 4.1 % | 8.3 % | 10.0 % | 9.9 % |
| ROE | -51.5 % | 47.7 % | 63.9 % | 24.1 % | 18.3 % |
| ROI | -27.4 % | 7.6 % | 12.3 % | 11.7 % | 12.6 % |
| Economic value added (EVA) | - 151.36 | 16.37 | 47.95 | 49.42 | 19.01 |
| Solvency | |||||
| Equity ratio | 6.6 % | 6.6 % | 14.2 % | 20.7 % | 42.1 % |
| Gearing | 605.5 % | 776.7 % | 455.4 % | 348.7 % | 30.8 % |
| Relative net indebtedness % | 75.9 % | 58.0 % | 160.7 % | 26.6 % | |
| Liquidity | |||||
| Quick ratio | 1.0 | 1.0 | 1.1 | 1.2 | 1.6 |
| Current ratio | 1.0 | 1.0 | 1.1 | 1.2 | 1.6 |
| Cash and cash equivalents | 153.92 | 76.76 | 30.03 | 30.82 | 220.62 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 171.9 | 223.9 | 684.2 | 142.7 | |
| Net working capital % | -1.4 % | 5.1 % | 32.3 % | 32.7 % | |
| Credit risk | |||||
| Credit rating | B | BB | BB | BB | BBB |
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