TORSTEIN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26912180
Møllebakken 4, 8300 Odder

Company information

Official name
TORSTEIN HOLDING ApS
Established
2002
Company form
Private limited company
Industry

About TORSTEIN HOLDING ApS

TORSTEIN HOLDING ApS (CVR number: 26912180) is a company from ODDER. The company recorded a gross profit of -9.7 kDKK in 2023. The operating profit was -9.7 kDKK, while net earnings were 737.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.8 %, which can be considered excellent and Return on Equity (ROE) was 20.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORSTEIN HOLDING ApS's liquidity measured by quick ratio was 176.3 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
2021
2022
2023
Volume
Net sales
Gross profit-4.77-43.08-13.52-9.41-9.73
EBIT-4.77-43.08-13.52-9.41-9.73
Net earnings- 345.53257.19545.981 067.05737.48
Shareholders equity total1 545.211 802.402 238.383 191.023 920.71
Balance sheet total (assets)1 547.811 809.302 276.103 226.583 927.21
Net debt-6.54-25.34- 265.25- 604.15
Profitability
EBIT-%
ROA-19.3 %15.5 %33.6 %33.8 %20.8 %
ROE-19.5 %15.4 %27.0 %39.3 %20.7 %
ROI-19.4 %15.6 %33.9 %34.2 %20.9 %
Economic value added (EVA)19.61-40.575.4460.4116.92
Solvency
Equity ratio99.8 %99.6 %98.3 %98.9 %99.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio153.053.84.719.1176.3
Current ratio153.053.84.719.1176.3
Cash and cash equivalents6.5425.34265.25604.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:20.8%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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