TORVE- & LAUSESTUEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TORVE- & LAUSESTUEN ApS
TORVE- & LAUSESTUEN ApS (CVR number: 35849033) is a company from VARDE. The company reported a net sales of 1.4 mDKK in 2021, demonstrating a growth of 8.5 % compared to the previous year. The operating profit percentage was at 2.2 % (EBIT: 0 mDKK), while net earnings were 31.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent and Return on Equity (ROE) was 159.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TORVE- & LAUSESTUEN ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 441.83 | 1 506.52 | 1 466.44 | 1 316.23 | 1 427.73 |
Gross profit | 482.29 | 613.16 | 719.11 | 360.44 | 581.02 |
EBIT | 22.74 | - 158.83 | 86.54 | -19.28 | 31.20 |
Net earnings | 14.74 | - 158.84 | 86.73 | -13.19 | 31.05 |
Shareholders equity total | 89.26 | -69.57 | 17.16 | 3.97 | 35.02 |
Balance sheet total (assets) | 285.32 | 168.66 | 130.19 | 228.62 | 174.58 |
Net debt | - 132.65 | -9.68 | -42.19 | - 140.62 | -86.58 |
Profitability | |||||
EBIT-% | 1.6 % | -10.5 % | 5.9 % | -1.5 % | 2.2 % |
ROA | 8.6 % | -60.7 % | 47.1 % | -10.7 % | 15.5 % |
ROE | 18.5 % | -123.2 % | 93.4 % | -124.9 % | 159.3 % |
ROI | 20.3 % | -144.9 % | 211.1 % | -182.6 % | 160.0 % |
Economic value added (EVA) | 23.69 | - 153.39 | 93.79 | -11.68 | 38.06 |
Solvency | |||||
Equity ratio | 31.3 % | -29.2 % | 13.2 % | 1.7 % | 20.1 % |
Gearing | 72.8 % | -93.4 % | |||
Relative net indebtedness % | -0.1 % | 10.9 % | 4.8 % | 6.4 % | 3.7 % |
Liquidity | |||||
Quick ratio | 1.0 | 0.3 | 0.4 | 0.6 | 0.6 |
Current ratio | 1.1 | 0.5 | 0.6 | 0.8 | 0.8 |
Cash and cash equivalents | 197.65 | 74.68 | 42.19 | 140.62 | 86.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 2.0 % | -8.6 % | -2.9 % | -4.3 % | -1.7 % |
Credit risk | |||||
Credit rating | BB | B | B | BB | B |
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