TORSTEN KRAGH A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TORSTEN KRAGH A/S
TORSTEN KRAGH A/S (CVR number: 33589018) is a company from AARHUS. The company recorded a gross profit of -144.1 kDKK in 2023. The operating profit was -144.1 kDKK, while net earnings were 10.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 33.1 %, which can be considered excellent and Return on Equity (ROE) was 28.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORSTEN KRAGH A/S's liquidity measured by quick ratio was 10.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 140.33 | -93.89 | - 122.33 | - 119.63 | - 144.06 |
EBIT | - 140.33 | -93.89 | - 122.33 | - 119.63 | - 144.06 |
Net earnings | 152.96 | 3 373.43 | 4 557.18 | 3 341.85 | 10 501.22 |
Shareholders equity total | 20 822.25 | 24 195.68 | 28 752.85 | 32 094.70 | 42 595.92 |
Balance sheet total (assets) | 36 623.44 | 27 155.67 | 31 618.23 | 34 673.42 | 47 044.50 |
Net debt | -21 584.08 | -25 708.59 | -30 546.23 | -33 455.34 | -45 930.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.4 % | 14.3 % | 20.1 % | 13.2 % | 33.1 % |
ROE | 0.7 % | 15.0 % | 17.2 % | 11.0 % | 28.1 % |
ROI | 2.4 % | 14.9 % | 21.4 % | 13.9 % | 35.3 % |
Economic value added (EVA) | 640.58 | 701.27 | 43.45 | 44.04 | 4.43 |
Solvency | |||||
Equity ratio | 56.9 % | 89.1 % | 90.9 % | 92.6 % | 90.5 % |
Gearing | 70.3 % | 5.2 % | 3.3 % | 3.0 % | 2.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 9.2 | 11.0 | 13.4 | 10.6 |
Current ratio | 2.3 | 9.2 | 11.0 | 13.4 | 10.6 |
Cash and cash equivalents | 36 227.78 | 26 965.31 | 31 486.22 | 34 418.98 | 46 948.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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