TORNDALSGÅRD A/S

CVR number: 26870771
Torndalsvej 3, 9500 Hobro

Credit rating

Company information

Official name
TORNDALSGÅRD A/S
Established
2002
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About TORNDALSGÅRD A/S

TORNDALSGÅRD A/S (CVR number: 26870771) is a company from MARIAGERFJORD. The company recorded a gross profit of 843.6 kDKK in 2023. The operating profit was 450.5 kDKK, while net earnings were 141.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 14.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TORNDALSGÅRD A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit326.09310.55292.26807.49843.56
EBIT286.46270.92252.64375.42450.53
Net earnings- 373.7351.74148.82154.41141.41
Shareholders equity total450.81502.552 151.372 305.782 447.19
Balance sheet total (assets)8 265.968 226.0217 468.1517 407.7617 114.03
Net debt6 230.555 350.5414 875.3514 561.3713 887.97
Profitability
EBIT-%
ROA3.5 %3.3 %2.0 %2.2 %2.6 %
ROE-58.6 %10.9 %11.2 %6.9 %6.0 %
ROI3.7 %3.6 %2.1 %2.2 %2.7 %
Economic value added (EVA)274.04153.88165.53- 229.61- 156.38
Solvency
Equity ratio5.5 %6.1 %12.3 %13.2 %14.3 %
Gearing1386.0 %1064.7 %694.1 %633.1 %567.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents17.6257.0237.171.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.61%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.3%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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