Torsmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Torsmark ApS
Torsmark ApS (CVR number: 34222150) is a company from SKIVE. The company recorded a gross profit of 454.2 kDKK in 2025. The operating profit was -1832.4 kDKK, while net earnings were -1546.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -12.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.3 %, 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. Torsmark ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 3 554.71 | 4 709.54 | 10 068.27 | 11 604.28 | 454.25 |
| EBIT | 664.30 | 337.10 | 5 809.01 | 7 337.39 | -1 832.43 |
| Net earnings | 2 891.75 | 1 063.70 | 4 427.39 | 4 790.33 | -1 546.36 |
| Shareholders equity total | 7 516.15 | 6 579.85 | 10 007.23 | 12 947.57 | 11 401.20 |
| Balance sheet total (assets) | 22 264.08 | 30 665.98 | 35 638.17 | 34 336.24 | 37 616.52 |
| Net debt | 10 300.13 | 14 194.58 | -3 873.62 | 3 188.38 | 5 205.08 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 17.2 % | 4.7 % | 17.8 % | 19.9 % | -5.1 % |
| ROE | 47.6 % | 15.1 % | 53.4 % | 41.7 % | -12.7 % |
| ROI | 18.4 % | 5.1 % | 27.8 % | 40.3 % | -9.4 % |
| Economic value added (EVA) | -85.05 | - 757.85 | 3 120.67 | 4 974.35 | -2 431.17 |
| Solvency | |||||
| Equity ratio | 33.8 % | 21.5 % | 28.1 % | 37.7 % | 30.3 % |
| Gearing | 156.0 % | 295.1 % | 13.2 % | 24.6 % | 45.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.3 | 0.6 | 1.9 | 1.5 |
| Current ratio | 0.7 | 0.9 | 1.1 | 3.8 | 2.0 |
| Cash and cash equivalents | 1 425.79 | 5 222.69 | 5 191.02 | 1.60 | 1.60 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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