TORNGAARD HEINEMANN MARKETING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TORNGAARD HEINEMANN MARKETING ApS
TORNGAARD HEINEMANN MARKETING ApS (CVR number: 26148804) is a company from ROSKILDE. The company recorded a gross profit of 408.3 kDKK in 2024. The operating profit was -11.1 kDKK, while net earnings were -11 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TORNGAARD HEINEMANN MARKETING ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 646.37 | 722.81 | 716.84 | 684.23 | 408.32 |
EBIT | 54.41 | 131.01 | 29.55 | 66.77 | -11.07 |
Net earnings | 36.57 | 93.31 | 15.09 | 44.43 | -10.98 |
Shareholders equity total | 292.62 | 329.42 | 287.31 | 331.74 | 115.02 |
Balance sheet total (assets) | 492.15 | 515.62 | 474.91 | 515.84 | 250.02 |
Net debt | - 330.08 | - 350.19 | - 248.45 | - 230.28 | - 181.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.1 % | 26.0 % | 6.0 % | 13.5 % | -2.9 % |
ROE | 12.1 % | 30.0 % | 4.9 % | 14.4 % | -4.9 % |
ROI | 18.0 % | 42.1 % | 9.6 % | 21.6 % | -4.3 % |
Economic value added (EVA) | 22.88 | 81.17 | 4.43 | 30.94 | -27.53 |
Solvency | |||||
Equity ratio | 59.5 % | 63.9 % | 60.5 % | 64.3 % | 46.0 % |
Gearing | 60.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 2.7 | 2.4 | 2.7 | 1.9 |
Current ratio | 2.4 | 2.7 | 2.4 | 2.7 | 1.9 |
Cash and cash equivalents | 330.08 | 350.19 | 248.45 | 230.28 | 250.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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