TGNET ApS — Credit Rating and Financial Key Figures

CVR number: 31780470
Amager Boulevard 129, 2300 København S
tel: 60660599

Credit rating

Company information

Official name
TGNET ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry
  • Expand more icon58Publishing activities

About TGNET ApS

TGNET ApS (CVR number: 31780470) is a company from KØBENHAVN. The company recorded a gross profit of 449.3 kDKK in 2024. The operating profit was 380.2 kDKK, while net earnings were 507 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52 %, which can be considered excellent and Return on Equity (ROE) was 45.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TGNET ApS's liquidity measured by quick ratio was 10.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit249.06249.86260.89279.66449.26
EBIT169.68178.68143.31183.72380.21
Net earnings132.84261.4771.72148.04506.95
Shareholders equity total492.40699.87714.38862.421 369.38
Balance sheet total (assets)566.04804.29799.09987.591 523.91
Net debt- 484.63- 750.71- 730.75- 907.96-1 469.21
Profitability
EBIT-%
ROA38.0 %48.9 %20.5 %21.6 %52.0 %
ROE29.3 %43.9 %10.1 %18.8 %45.4 %
ROI41.5 %55.8 %22.8 %23.9 %57.8 %
Economic value added (EVA)117.98139.91112.85144.09298.28
Solvency
Equity ratio87.0 %87.0 %89.4 %87.3 %89.9 %
Gearing0.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio7.78.312.39.010.9
Current ratio7.78.312.39.010.9
Cash and cash equivalents485.09750.75730.75907.961 469.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:52.0%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.9%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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