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

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

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 1341.6 kDKK in 2024. The operating profit was 338.8 kDKK, while net earnings were 255.5 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 34.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.8 %, 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 1.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit916.211 561.791 163.661 168.321 341.60
EBIT4.85638.31207.01149.41338.78
Net earnings0.06475.71141.31103.89255.46
Shareholders equity total1 193.48766.19540.60624.48859.94
Balance sheet total (assets)1 787.052 108.601 888.921 706.301 879.25
Net debt- 709.6698.47401.89462.1773.09
Profitability
EBIT-%
ROA0.3 %32.8 %10.4 %8.3 %19.0 %
ROE0.0 %48.5 %21.6 %17.8 %34.4 %
ROI0.4 %43.1 %12.5 %9.9 %22.9 %
Economic value added (EVA)-33.10469.29166.93120.31251.64
Solvency
Equity ratio66.8 %36.3 %28.6 %36.6 %45.8 %
Gearing0.5 %130.0 %188.0 %133.4 %75.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.31.81.61.5
Current ratio2.95.04.65.24.2
Cash and cash equivalents716.16897.86614.57370.62572.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:19.0%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.8%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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