TORNVED SKOV ApS

CVR number: 20133392
Knoldvej 6, Favrbo 4460 Snertinge

Credit rating

Company information

Official name
TORNVED SKOV ApS
Established
1997
Domicile
Favrbo
Company form
Private limited company
Industry
  • Expand more icon02Forestry and logging

About TORNVED SKOV ApS

TORNVED SKOV ApS (CVR number: 20133392) is a company from KALUNDBORG. The company recorded a gross profit of 494.7 kDKK in 2023. The operating profit was 494.7 kDKK, while net earnings were 346.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.9 %, 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. TORNVED SKOV ApS's liquidity measured by quick ratio was 1.2 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
20192020202120222023
Volume
Net sales
Gross profit317.24173.05256.86284.02494.66
EBIT317.24173.05256.86284.02494.66
Net earnings143.1562.56172.81372.50346.63
Shareholders equity total6 324.156 408.076 580.886 953.387 182.20
Balance sheet total (assets)9 355.589 352.219 398.639 800.479 588.36
Net debt2 448.942 342.412 148.181 913.742 024.98
Profitability
EBIT-%
ROA3.4 %1.8 %2.7 %3.0 %5.2 %
ROE2.3 %1.0 %2.7 %5.5 %4.9 %
ROI3.6 %2.0 %2.9 %3.2 %5.4 %
Economic value added (EVA)-99.15- 255.21- 175.61- 236.98-59.94
Solvency
Equity ratio67.6 %68.5 %70.0 %70.9 %74.9 %
Gearing38.7 %36.6 %33.4 %31.6 %30.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.71.2
Current ratio0.00.00.10.71.2
Cash and cash equivalents50.13284.58173.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:5.16%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.9%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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