TORBEN GRØNKJÆR HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 20901004
Hamborgvej 137, Febbersted 7730 Hanstholm

Company information

Official name
TORBEN GRØNKJÆR HOLDING ApS
Established
1998
Domicile
Febbersted
Company form
Private limited company
Industry

About TORBEN GRØNKJÆR HOLDING ApS

TORBEN GRØNKJÆR HOLDING ApS (CVR number: 20901004) is a company from THISTED. The company recorded a gross profit of -82.9 kDKK in 2023. The operating profit was -145.3 kDKK, while net earnings were 1964.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORBEN GRØNKJÆR HOLDING ApS's liquidity measured by quick ratio was 400 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- 145.0513.05-68.24- 125.64-82.88
EBIT- 218.85-60.75- 138.61- 194.29- 145.31
Net earnings2 677.62844.282 494.78-1 322.711 964.48
Shareholders equity total16 488.4715 832.7518 271.0416 948.3218 912.80
Balance sheet total (assets)16 965.4715 905.3018 489.0816 989.1518 950.19
Net debt-11 190.87-11 892.01-14 610.88-12 491.16-14 814.39
Profitability
EBIT-%
ROA18.6 %7.9 %16.4 %3.8 %13.1 %
ROE17.1 %5.2 %14.6 %-7.5 %11.0 %
ROI19.1 %8.1 %16.5 %3.8 %13.2 %
Economic value added (EVA)- 797.05- 263.40- 256.40- 320.56- 317.47
Solvency
Equity ratio97.2 %99.5 %98.8 %99.8 %99.8 %
Gearing0.2 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio30.6220.871.2328.9400.0
Current ratio30.8222.271.5329.5402.4
Cash and cash equivalents11 190.8711 892.0114 654.7412 503.5514 826.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:13.1%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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