Torben Galsgaard Holding ApS — Credit Rating and Financial Key Figures

CVR number: 42247235
Holmager 6 A, Velling 6950 Ringkøbing

Company information

Official name
Torben Galsgaard Holding ApS
Established
2021
Domicile
Velling
Company form
Private limited company
Industry

About Torben Galsgaard Holding ApS

Torben Galsgaard Holding ApS (CVR number: 42247235) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -8.5 kDKK in 2023. The operating profit was -8.5 kDKK, while net earnings were 6233.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. Torben Galsgaard Holding ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit-21.87-21.66-8.54
EBIT-21.87-21.66-8.54
Net earnings7 821.8512 420.066 233.28
Shareholders equity total38 582.0150 887.6757 120.95
Balance sheet total (assets)54 155.4569 294.9572 473.05
Net debt6 722.897 790.1111 503.70
Profitability
EBIT-%
ROA15.0 %20.8 %9.7 %
ROE20.3 %27.8 %11.5 %
ROI17.9 %24.6 %10.8 %
Economic value added (EVA)-26.97-2 294.13-2 984.67
Solvency
Equity ratio71.2 %73.4 %78.8 %
Gearing17.4 %15.3 %20.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.3
Current ratio0.30.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAA

Variable visualization

ROA:9.73%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.8%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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