TORQUE ApS — Credit Rating and Financial Key Figures

CVR number: 36393572
Slotsherrensvej 411 B, 2610 Rødovre

Company information

Official name
TORQUE ApS
Personnel
3 persons
Established
2014
Company form
Private limited company
Industry

About TORQUE ApS

TORQUE ApS (CVR number: 36393572K) is a company from RØDOVRE. The company recorded a gross profit of 3316.3 kDKK in 2020. The operating profit was -16.1 mDKK, while net earnings were 16 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73 %, 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. TORQUE ApS's liquidity measured by quick ratio was 3.3 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
Volume
Net sales
Gross profit- 160.523 316.26
EBIT-1 234.46-16 091.19
Net earnings199 906.4416 024.57
Shareholders equity total576 463.61569 509.72
Balance sheet total (assets)970 603.70780 830.11
Net debt- 542 801.15- 447 288.55
Profitability
EBIT-%
ROA27.3 %4.5 %
ROE34.7 %2.8 %
ROI29.9 %4.6 %
Economic value added (EVA)- 959.273 730.86
Solvency
Equity ratio59.4 %73.0 %
Gearing56.1 %28.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.43.3
Current ratio2.43.4
Cash and cash equivalents866 379.98611 529.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAA

Variable visualization

ROA:4.46%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.0%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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