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SALT by Torvet 14 ApS — Credit Rating and Financial Key Figures

CVR number: 33878893
Torvegade 3, 6950 Ringkøbing
sales@torvet14.dk
tel: 99944459
Free credit report Annual report

Credit rating

Company information

Official name
SALT by Torvet 14 ApS
Personnel
4 persons
Established
2011
Company form
Private limited company
Industry

About SALT by Torvet 14 ApS

SALT by Torvet 14 ApS (CVR number: 33878893) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1245.8 kDKK in 2025. The operating profit was 267.2 kDKK, while net earnings were 199.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.3 %, 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. SALT by Torvet 14 ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit1 561.791 163.661 168.321 341.601 245.82
EBIT638.31207.01149.41338.78267.15
Net earnings475.71141.31103.89255.46199.58
Shareholders equity total766.19540.60624.48859.941 039.53
Balance sheet total (assets)2 108.601 888.921 706.301 879.251 784.26
Net debt98.47401.89462.1773.0966.34
Profitability
EBIT-%
ROA32.8 %10.4 %8.3 %19.0 %14.6 %
ROE48.5 %21.6 %17.8 %34.4 %21.0 %
ROI43.1 %12.5 %9.9 %22.9 %18.4 %
Economic value added (EVA)432.9771.7538.35191.17131.88
Solvency
Equity ratio36.3 %28.6 %36.6 %45.8 %58.3 %
Gearing130.0 %188.0 %133.4 %75.1 %33.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.81.61.50.8
Current ratio5.04.65.24.23.8
Cash and cash equivalents897.86614.57370.62572.35286.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.6%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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