TORSMARK SEED POTATOES A/S — Credit Rating and Financial Key Figures

CVR number: 34488975
Hindborgvej 8, 7860 Spøttrup
just@torsmark.dk

Credit rating

Company information

Official name
TORSMARK SEED POTATOES A/S
Personnel
6 persons
Established
2012
Company form
Limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About TORSMARK SEED POTATOES A/S

TORSMARK SEED POTATOES A/S (CVR number: 34488975) is a company from SKIVE. The company recorded a gross profit of 24.9 kDKK in 2022. The operating profit was 20.4 kDKK, while net earnings were 15.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORSMARK SEED POTATOES A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit- 375.31407.623 199.9667.5624.86
EBIT- 678.0717.6054.01- 712.8720.44
Net earnings- 484.2911.4517.06- 579.4115.21
Shareholders equity total9 931.939 943.389 960.449 381.03596.24
Balance sheet total (assets)22 715.7423 554.2712 811.3210 174.95596.24
Net debt-1 945.914 464.44-2 473.68- 209.07-17.75
Profitability
EBIT-%
ROA-2.5 %0.3 %0.3 %-6.2 %0.4 %
ROE-4.8 %0.1 %0.2 %-6.0 %0.3 %
ROI-2.7 %0.3 %0.3 %-6.6 %0.4 %
Economic value added (EVA)- 874.85151.24- 100.90- 880.92- 445.39
Solvency
Equity ratio43.7 %42.2 %77.7 %92.2 %100.0 %
Gearing107.0 %116.1 %10.3 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.12.163.2
Current ratio1.31.34.163.2
Cash and cash equivalents12 575.527 075.103 501.92209.0817.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAACBB

Variable visualization

ROA:0.38%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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