TORSOFT ApS — Credit Rating and Financial Key Figures

CVR number: 26545684
Strandboulevarden 36, 2100 København Ø

Company information

Official name
TORSOFT ApS
Established
2002
Company form
Private limited company
Industry

About TORSOFT ApS

TORSOFT ApS (CVR number: 26545684) is a company from KØBENHAVN. The company recorded a gross profit of -27.6 kDKK in 2023. The operating profit was -27.6 kDKK, while net earnings were 921.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19 %, which can be considered excellent and Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORSOFT ApS's liquidity measured by quick ratio was 12.3 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 profit-15.00-27.00-10.00-13.00-27.64
EBIT-15.00-27.00-10.00-13.00-27.64
Net earnings966.00913.00684.00- 291.00921.73
Shareholders equity total4 348.004 062.004 688.004 340.005 202.62
Balance sheet total (assets)4 399.004 413.004 939.004 599.005 429.28
Net debt-2 502.00-2 552.00-2 656.00-2 496.00-2 733.29
Profitability
EBIT-%
ROA26.0 %24.1 %16.6 %6.4 %19.0 %
ROE24.6 %21.7 %15.6 %-6.4 %19.3 %
ROI26.2 %25.2 %17.7 %6.8 %20.0 %
Economic value added (EVA)45.0558.0384.7495.6672.55
Solvency
Equity ratio98.8 %92.0 %94.9 %94.4 %95.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio49.37.310.69.712.3
Current ratio49.37.310.69.712.3
Cash and cash equivalents2 502.002 552.002 656.002 496.002 733.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:19.0%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.8%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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