TORRING A/S — Credit Rating and Financial Key Figures

CVR number: 20027088
Ferrarivej 7, 7100 Vejle
mail@torring.com
tel: 75801078
www.torring.com

Credit rating

Company information

Official name
TORRING A/S
Personnel
19 persons
Established
1997
Company form
Limited company
Industry
  • Expand more icon310000

About TORRING A/S

TORRING A/S (CVR number: 20027088) is a company from VEJLE. The company recorded a gross profit of 12.3 mDKK in 2024. The operating profit was 4189.6 kDKK, while net earnings were 3261.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.2 %, which can be considered excellent and Return on Equity (ROE) was 37.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TORRING A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 339.554 269.148 992.2310 054.5212 262.31
EBIT-2 700.76-1 523.432 481.323 196.274 189.62
Net earnings-2 130.99-1 595.631 902.712 438.183 261.75
Shareholders equity total3 975.513 979.895 882.607 320.799 982.54
Balance sheet total (assets)8 476.708 897.0415 455.1616 186.1022 294.54
Net debt294.46272.651 944.46-1 816.383 664.33
Profitability
EBIT-%
ROA-26.6 %-17.5 %20.5 %21.4 %22.2 %
ROE-49.7 %-40.1 %38.6 %36.9 %37.7 %
ROI-38.4 %-32.3 %40.8 %40.8 %36.7 %
Economic value added (EVA)-2 332.38-1 457.181 728.682 199.993 000.36
Solvency
Equity ratio46.9 %44.9 %43.8 %48.6 %47.7 %
Gearing7.6 %7.9 %33.4 %3.5 %36.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.60.91.41.1
Current ratio1.91.61.41.61.7
Cash and cash equivalents6.8542.0520.802 074.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:22.2%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.7%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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