Tornøe Transport ApS — Credit Rating and Financial Key Figures

CVR number: 39942607
Bredgade 8, Øster Bjerregrav 8920 Randers NV

Credit rating

Company information

Official name
Tornøe Transport ApS
Personnel
1 person
Established
2018
Domicile
Øster Bjerregrav
Company form
Private limited company
Industry

About Tornøe Transport ApS

Tornøe Transport ApS (CVR number: 39942607) is a company from RANDERS. The company recorded a gross profit of 448 kDKK in 2024. The operating profit was 95.8 kDKK, while net earnings were 66.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good but Return on Equity (ROE) was 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.1 %, 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. Tornøe Transport ApS's liquidity measured by quick ratio was 2.5 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 profit402.01292.35482.75394.31448.00
EBIT148.96-6.28166.0167.7795.75
Net earnings107.05-13.35123.6750.8766.11
Shareholders equity total235.95222.60346.27397.14463.24
Balance sheet total (assets)441.25423.12617.44648.29783.71
Net debt- 231.70-83.29-92.24- 215.65- 334.28
Profitability
EBIT-%
ROA42.1 %-1.5 %31.9 %10.7 %13.4 %
ROE58.7 %-5.8 %43.5 %13.7 %15.4 %
ROI66.2 %-2.5 %52.2 %16.2 %20.3 %
Economic value added (EVA)110.88-5.09121.8944.1964.56
Solvency
Equity ratio53.5 %52.6 %56.1 %61.3 %59.1 %
Gearing3.7 %2.4 %1.6 %1.3 %1.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.32.02.22.5
Current ratio2.21.32.02.22.5
Cash and cash equivalents240.4288.7297.92220.77341.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:13.4%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.1%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.