TORNGAARD HEINEMANN MARKETING ApS — Credit Rating and Financial Key Figures

CVR number: 26148804
Algade 6, 4000 Roskilde
henriette@th-m.dk
tel: 40627718
www.th-m.dk

Credit rating

Company information

Official name
TORNGAARD HEINEMANN MARKETING ApS
Personnel
2 persons
Established
2001
Company form
Private limited company
Industry

About TORNGAARD HEINEMANN MARKETING ApS

TORNGAARD HEINEMANN MARKETING ApS (CVR number: 26148804) is a company from ROSKILDE. The company recorded a gross profit of 684.2 kDKK in 2023. The operating profit was 66.8 kDKK, while net earnings were 44.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good and Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.3 %, 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. TORNGAARD HEINEMANN MARKETING ApS's liquidity measured by quick ratio was 2.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit566.87646.37722.81716.84684.23
EBIT20.7954.41131.0129.5566.77
Net earnings4.7336.5793.3115.0944.43
Shareholders equity total311.35292.62329.42287.31331.74
Balance sheet total (assets)487.24492.15515.62474.91515.84
Net debt- 353.27- 330.08- 350.19- 248.45- 230.28
Profitability
EBIT-%
ROA3.7 %11.1 %26.0 %6.0 %13.5 %
ROE1.4 %12.1 %30.0 %4.9 %14.4 %
ROI6.4 %18.0 %42.1 %9.6 %21.6 %
Economic value added (EVA)13.1940.6397.7622.0343.42
Solvency
Equity ratio63.9 %59.5 %63.9 %60.5 %64.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.82.42.72.42.7
Current ratio2.82.42.72.42.7
Cash and cash equivalents353.27330.08350.19248.45230.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:13.5%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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