TORNHØJ, GELSTED ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TORNHØJ, GELSTED ApS
TORNHØJ, GELSTED ApS (CVR number: 70597314) is a company from MIDDELFART. The company recorded a gross profit of 67.3 kDKK in 2024. The operating profit was 67.3 kDKK, while net earnings were -197.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was -44 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TORNHØJ, GELSTED ApS's liquidity measured by quick ratio was 2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 68.95 | 61.63 | 56.55 | 51.90 | 67.27 |
EBIT | 66.06 | 58.73 | 53.65 | 51.90 | 67.27 |
Net earnings | 31.55 | 24.31 | 19.45 | 19.53 | - 197.15 |
Shareholders equity total | 493.83 | 518.14 | 537.59 | 557.12 | 339.97 |
Balance sheet total (assets) | 1 427.75 | 1 446.11 | 1 443.17 | 1 444.30 | 1 409.87 |
Net debt | 801.07 | 779.81 | 753.94 | 723.34 | 733.68 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.6 % | 4.1 % | 3.7 % | 3.6 % | 4.7 % |
ROE | 6.3 % | 4.8 % | 3.7 % | 3.6 % | -44.0 % |
ROI | 4.7 % | 4.2 % | 3.8 % | 3.7 % | 4.8 % |
Economic value added (EVA) | -4.91 | -11.31 | -17.61 | -19.04 | -22.82 |
Solvency | |||||
Equity ratio | 34.6 % | 35.8 % | 37.3 % | 38.6 % | 24.1 % |
Gearing | 182.2 % | 173.7 % | 162.6 % | 152.1 % | 241.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 4.3 | 2.1 | 1.9 | 2.0 |
Current ratio | 2.9 | 4.3 | 2.1 | 1.9 | 2.0 |
Cash and cash equivalents | 98.93 | 120.19 | 120.14 | 124.17 | 86.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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