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 -127.3 kDKK in 2024. The operating profit was -127.3 kDKK, while net earnings were -7688.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -19.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.8 %, 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 23.8 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 | -93.89 | - 122.33 | - 119.63 | - 144.06 | - 127.30 |
EBIT | -93.89 | - 122.33 | - 119.63 | - 144.06 | - 127.30 |
Net earnings | 3 373.43 | 4 557.18 | 3 341.85 | 10 501.22 | -7 688.18 |
Shareholders equity total | 24 195.68 | 28 752.85 | 32 094.70 | 42 595.92 | 34 907.74 |
Balance sheet total (assets) | 27 155.67 | 31 618.23 | 34 673.42 | 47 044.50 | 36 436.33 |
Net debt | -25 708.59 | -30 546.23 | -33 455.34 | -45 930.33 | -33 133.17 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.3 % | 20.1 % | 13.2 % | 33.1 % | 2.3 % |
ROE | 15.0 % | 17.2 % | 11.0 % | 28.1 % | -19.8 % |
ROI | 14.9 % | 21.4 % | 13.9 % | 35.3 % | 2.4 % |
Economic value added (EVA) | -1 855.02 | -1 374.71 | -1 585.38 | -1 773.55 | -2 291.00 |
Solvency | |||||
Equity ratio | 89.1 % | 90.9 % | 92.6 % | 90.5 % | 95.8 % |
Gearing | 5.2 % | 3.3 % | 3.0 % | 2.4 % | 3.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.2 | 11.0 | 13.4 | 10.6 | 23.8 |
Current ratio | 9.2 | 11.0 | 13.4 | 10.6 | 23.8 |
Cash and cash equivalents | 26 965.31 | 31 486.22 | 34 418.98 | 46 948.39 | 34 184.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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