'TORVEVÆNGET' ApS — Credit Rating and Financial Key Figures

CVR number: 11473717
Tagensvej 85 E, 2200 København N
mail@hoegsbro-holm.dk
tel: 35434306

Company information

Official name
'TORVEVÆNGET' ApS
Personnel
5 persons
Established
1984
Company form
Private limited company
Industry

About 'TORVEVÆNGET' ApS

'TORVEVÆNGET' ApS (CVR number: 11473717) is a company from KØBENHAVN. The company reported a net sales of 0.9 mDKK in 2024, demonstrating a growth of 22.3 % compared to the previous year. The operating profit percentage was at 65.3 % (EBIT: 0.6 mDKK), while net earnings were 495 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. 'TORVEVÆNGET' ApS's liquidity measured by quick ratio was 4.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales883.93928.58944.46774.24946.74
Gross profit486.74542.11- 237.07276.56374.17
EBIT626.74716.61- 211.57712.06618.17
Net earnings481.62546.63- 181.31548.78495.00
Shareholders equity total8 509.728 971.358 705.039 253.819 748.81
Balance sheet total (assets)10 920.4511 476.8511 102.4611 911.3812 482.22
Net debt-1 166.68-1 426.49-1 481.81-1 784.02-1 938.44
Profitability
EBIT-%70.9 %77.2 %-22.4 %92.0 %65.3 %
ROA5.9 %6.4 %-1.9 %6.2 %5.2 %
ROE5.8 %6.3 %-2.1 %6.1 %5.2 %
ROI6.1 %6.6 %-1.9 %6.4 %5.4 %
Economic value added (EVA)-18.7929.51- 719.8217.09-91.10
Solvency
Equity ratio77.9 %78.2 %78.4 %77.7 %78.1 %
Gearing
Relative net indebtedness %-87.4 %-105.4 %-115.6 %-166.5 %-152.7 %
Liquidity
Quick ratio4.34.64.13.94.6
Current ratio4.34.64.13.94.6
Cash and cash equivalents1 166.681 426.491 481.811 784.021 938.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %148.5 %175.1 %128.0 %187.5 %185.5 %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:5.22%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.1%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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