Tørringvej 20 ApS — Credit Rating and Financial Key Figures

CVR number: 26341620
Tørringvej 16, 2610 Rødovre

Company information

Official name
Tørringvej 20 ApS
Established
2001
Company form
Private limited company
Industry

About Tørringvej 20 ApS

Tørringvej 20 ApS (CVR number: 26341620) is a company from RØDOVRE. The company recorded a gross profit of 626.5 kDKK in 2023. The operating profit was 544.8 kDKK, while net earnings were 359.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 53 %, 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. Tørringvej 20 ApS's liquidity measured by quick ratio was 8.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit740.45727.88494.97213.27626.45
EBIT405.21392.656 227.98103.13544.80
Net earnings291.05278.364 874.3982.53359.68
Shareholders equity total1 091.001 369.366 243.756 326.286 685.96
Balance sheet total (assets)5 946.436 120.4912 942.1812 671.7212 609.06
Net debt3 283.122 459.043 639.033 203.922 674.21
Profitability
EBIT-%
ROA6.6 %6.5 %65.3 %0.8 %4.3 %
ROE30.8 %22.6 %128.1 %1.3 %5.5 %
ROI6.9 %6.9 %68.7 %0.8 %4.6 %
Economic value added (EVA)97.1886.464 710.68- 423.3921.14
Solvency
Equity ratio18.3 %22.4 %48.2 %49.9 %53.0 %
Gearing333.1 %249.1 %62.4 %57.6 %51.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.84.44.78.5
Current ratio2.52.84.44.78.5
Cash and cash equivalents351.54952.46255.36442.79773.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.33%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.0%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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