'TORVEVÆNGET' ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 883.93 | 928.58 | 944.46 | 774.24 | 946.74 |
Gross profit | 486.74 | 542.11 | - 237.07 | 276.56 | 374.17 |
EBIT | 626.74 | 716.61 | - 211.57 | 712.06 | 618.17 |
Net earnings | 481.62 | 546.63 | - 181.31 | 548.78 | 495.00 |
Shareholders equity total | 8 509.72 | 8 971.35 | 8 705.03 | 9 253.81 | 9 748.81 |
Balance sheet total (assets) | 10 920.45 | 11 476.85 | 11 102.46 | 11 911.38 | 12 482.22 |
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 % |
ROA | 5.9 % | 6.4 % | -1.9 % | 6.2 % | 5.2 % |
ROE | 5.8 % | 6.3 % | -2.1 % | 6.1 % | 5.2 % |
ROI | 6.1 % | 6.6 % | -1.9 % | 6.4 % | 5.4 % |
Economic value added (EVA) | -18.79 | 29.51 | - 719.82 | 17.09 | -91.10 |
Solvency | |||||
Equity ratio | 77.9 % | 78.2 % | 78.4 % | 77.7 % | 78.1 % |
Gearing | |||||
Relative net indebtedness % | -87.4 % | -105.4 % | -115.6 % | -166.5 % | -152.7 % |
Liquidity | |||||
Quick ratio | 4.3 | 4.6 | 4.1 | 3.9 | 4.6 |
Current ratio | 4.3 | 4.6 | 4.1 | 3.9 | 4.6 |
Cash and cash equivalents | 1 166.68 | 1 426.49 | 1 481.81 | 1 784.02 | 1 938.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 148.5 % | 175.1 % | 128.0 % | 187.5 % | 185.5 % |
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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