Tornhøj Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 45041719
Tryggelev 6 A, Tryggelev 5932 Humble

Company information

Official name
Tornhøj Ejendomme ApS
Established
1973
Domicile
Tryggelev
Company form
Private limited company
Industry

About Tornhøj Ejendomme ApS

Tornhøj Ejendomme ApS (CVR number: 45041719) is a company from LANGELAND. The company recorded a gross profit of 990.1 kDKK in 2023. The operating profit was 844.6 kDKK, while net earnings were 647.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30 %, which can be considered excellent and Return on Equity (ROE) was 27.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Tornhøj Ejendomme ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit659.74700.25643.53911.13990.06
EBIT545.34590.13532.02779.21844.61
Net earnings491.54556.84530.81625.25647.84
Shareholders equity total1 564.342 121.182 616.772 233.972 553.98
Balance sheet total (assets)3 071.232 350.772 775.382 531.233 109.37
Net debt95.63- 373.25- 375.41- 279.99- 356.78
Profitability
EBIT-%
ROA19.3 %21.8 %20.8 %29.4 %30.0 %
ROE37.3 %30.2 %22.4 %25.8 %27.1 %
ROI20.4 %23.3 %22.3 %31.5 %33.4 %
Economic value added (EVA)526.08576.04444.19515.93549.46
Solvency
Equity ratio51.0 %90.4 %94.7 %88.4 %82.3 %
Gearing88.2 %5.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.92.95.91.61.3
Current ratio0.92.85.31.51.3
Cash and cash equivalents1 283.97373.25375.41279.99507.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:30.0%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.3%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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