Tårnvej Biler ApS — Credit Rating and Financial Key Figures

CVR number: 38691279
Tårnvej 53, 7200 Grindsted
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Credit rating

Company information

Official name
Tårnvej Biler ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry

About Tårnvej Biler ApS

Tårnvej Biler ApS (CVR number: 38691279) is a company from BILLUND. The company recorded a gross profit of 1537.8 kDKK in 2024. The operating profit was 476 kDKK, while net earnings were 370.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.3 %, which can be considered excellent and Return on Equity (ROE) was 29.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72 %, 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. Tårnvej Biler ApS's liquidity measured by quick ratio was 1.6 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 profit1 116.961 192.921 242.501 396.871 537.77
EBIT287.56199.09283.80436.76476.03
Net earnings182.91127.20266.33338.09370.59
Shareholders equity total914.33928.531 080.461 182.951 309.54
Balance sheet total (assets)1 713.321 603.351 639.301 700.241 819.66
Net debt- 131.73- 124.57- 239.69- 341.35- 523.32
Profitability
EBIT-%
ROA16.8 %12.2 %17.7 %26.4 %27.3 %
ROE20.8 %13.8 %26.5 %29.9 %29.7 %
ROI22.5 %16.1 %23.3 %35.6 %37.7 %
Economic value added (EVA)123.2366.21207.40274.69304.80
Solvency
Equity ratio53.4 %57.9 %65.9 %69.6 %72.0 %
Gearing36.5 %26.1 %13.9 %4.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.21.31.6
Current ratio1.11.11.21.31.6
Cash and cash equivalents465.15366.93390.06398.82523.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:27.3%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.0%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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