TORBEN SPEEDTSBERG HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TORBEN SPEEDTSBERG HOLDING ApS
TORBEN SPEEDTSBERG HOLDING ApS (CVR number: 29201463) is a company from KOLDING. The company recorded a gross profit of -26.4 kDKK in 2023. The operating profit was -26.4 kDKK, while net earnings were 376.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.7 %, 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. TORBEN SPEEDTSBERG HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 224.97 | - 100.16 | -63.05 | -62.27 | -26.40 |
EBIT | - 224.97 | - 100.16 | -63.05 | -62.27 | -26.40 |
Net earnings | 1 896.85 | 401.56 | 649.83 | -1 060.77 | 376.06 |
Shareholders equity total | 11 692.04 | 12 038.30 | 12 631.63 | 11 513.66 | 11 830.82 |
Balance sheet total (assets) | 14 424.65 | 14 668.41 | 17 516.96 | 16 657.40 | 18 010.88 |
Net debt | -5 253.54 | -4 272.42 | -4 397.01 | -3 381.40 | 1 378.82 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.9 % | 3.5 % | 5.8 % | 1.8 % | 3.2 % |
ROE | 17.6 % | 3.4 % | 5.3 % | -8.8 % | 3.2 % |
ROI | 18.2 % | 3.5 % | 5.9 % | 1.8 % | 3.2 % |
Economic value added (EVA) | - 351.78 | - 272.36 | - 308.22 | - 231.21 | - 177.92 |
Solvency | |||||
Equity ratio | 81.1 % | 82.1 % | 72.1 % | 69.1 % | 65.7 % |
Gearing | 20.6 % | 21.5 % | 38.5 % | 44.4 % | 49.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.7 | 4.5 | 3.0 | 2.6 | 1.3 |
Current ratio | 4.7 | 4.9 | 3.2 | 2.9 | 2.6 |
Cash and cash equivalents | 7 661.57 | 6 859.65 | 9 255.47 | 8 498.27 | 4 474.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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