TORVEHALLERNE A/S — Credit Rating and Financial Key Figures

CVR number: 21576875
Fiskergade 2-8, 7100 Vejle
torvehallerne@torvehallerne.dk
tel: 79427900

Company information

Official name
TORVEHALLERNE A/S
Personnel
121 persons
Established
1999
Company form
Limited company
Industry

About TORVEHALLERNE A/S

TORVEHALLERNE A/S (CVR number: 21576875) is a company from VEJLE. The company recorded a gross profit of 30.4 mDKK in 2024. The operating profit was 10.4 mDKK, while net earnings were 8132.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42 %, which can be considered excellent and Return on Equity (ROE) was 46.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.8 %, 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. TORVEHALLERNE A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit13 805.0012 820.0023 113.0031 566.0030 404.51
EBIT865.00100.006 179.0013 423.0010 419.26
Net earnings638.0039.004 791.0011 729.008 132.40
Shareholders equity total1 211.001 250.006 041.0015 769.0018 902.35
Balance sheet total (assets)10 367.0013 105.0014 264.0023 186.0026 683.31
Net debt1 500.003 293.0052.00-3 952.00-4 946.26
Profitability
EBIT-%
ROA8.7 %0.9 %45.2 %77.2 %42.0 %
ROE45.8 %3.2 %131.4 %107.6 %46.9 %
ROI17.1 %1.6 %88.7 %128.4 %60.4 %
Economic value added (EVA)607.75-11.614 756.0911 316.778 254.01
Solvency
Equity ratio11.7 %9.5 %42.4 %68.0 %70.8 %
Gearing161.1 %268.2 %11.6 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.51.11.4
Current ratio0.50.50.61.31.7
Cash and cash equivalents451.0059.00651.003 955.004 949.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAAA

Variable visualization

ROA:42.0%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.8%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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