TORP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28319096
Amelies Vej 32, 8700 Horsens

Credit rating

Company information

Official name
TORP HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About TORP HOLDING ApS

TORP HOLDING ApS (CVR number: 28319096) is a company from HORSENS. The company recorded a gross profit of -16.8 kDKK in 2023. The operating profit was -16.8 kDKK, while net earnings were 202.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORP HOLDING ApS's liquidity measured by quick ratio was 294.5 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-16.63-14.67-16.81-17.28-16.76
EBIT-16.63-14.67-16.81-17.28-16.76
Net earnings-31.22244.41- 273.6863.38202.65
Shareholders equity total3 887.304 021.113 634.433 583.403 668.25
Balance sheet total (assets)3 899.804 077.243 646.933 595.903 680.76
Net debt-3 871.29-4 063.20-3 614.99-3 546.12-3 647.05
Profitability
EBIT-%
ROA3.1 %11.5 %5.0 %4.1 %6.7 %
ROE-0.8 %6.2 %-7.1 %1.8 %5.6 %
ROI3.1 %11.6 %5.1 %4.1 %6.7 %
Economic value added (EVA)-18.56-12.49-14.58-18.26-18.67
Solvency
Equity ratio99.7 %98.6 %99.7 %99.7 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio312.0326.2291.8287.7294.5
Current ratio312.0326.2291.8287.7294.5
Cash and cash equivalents3 871.294 063.203 614.993 546.123 647.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.66%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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