TORBEN KJÆR HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 10061563
Højvang 20, Øster Hornum 9530 Støvring
tel: 40427710

Credit rating

Company information

Official name
TORBEN KJÆR HOLDING ApS
Established
2001
Domicile
Øster Hornum
Company form
Private limited company
Industry

About TORBEN KJÆR HOLDING ApS

TORBEN KJÆR HOLDING ApS (CVR number: 10061563) is a company from REBILD. The company recorded a gross profit of -10.6 kDKK in 2023. The operating profit was -10.6 kDKK, while net earnings were 65.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77 %, 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. TORBEN KJÆR HOLDING ApS's liquidity measured by quick ratio was 2.7 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-6.00-7.00-10.00-14.22-10.64
EBIT-6.00-7.00-10.00-14.22-10.64
Net earnings309.00106.00-9.00212.4265.07
Shareholders equity total2 467.002 463.002 340.002 438.852 386.13
Balance sheet total (assets)2 483.002 468.002 347.003 460.193 097.48
Net debt-6.00- 113.00- 278.00-34.30-33.60
Profitability
EBIT-%
ROA13.0 %4.3 %-0.2 %7.7 %3.3 %
ROE13.1 %4.3 %-0.4 %8.9 %2.7 %
ROI13.1 %4.3 %-0.2 %9.4 %4.5 %
Economic value added (EVA)-57.26-70.92-65.84-54.92-70.16
Solvency
Equity ratio99.4 %99.8 %99.7 %70.5 %77.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio80.9255.8165.42.22.7
Current ratio80.9255.8165.42.22.7
Cash and cash equivalents6.00113.00278.0034.3033.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:3.34%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.0%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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