TORSTEN KRAGH A/S — Credit Rating and Financial Key Figures

CVR number: 33589018
Tangen 9, 8200 Aarhus N
t.kragh@hotmail.com
tel: 86228687

Company information

Official name
TORSTEN KRAGH A/S
Personnel
1 person
Established
1971
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings152.963 373.434 557.183 341.8510 501.22
Shareholders equity total20 822.2524 195.6828 752.8532 094.7042 595.92
Balance sheet total (assets)36 623.4427 155.6731 618.2334 673.4247 044.50
Net debt-21 584.08-25 708.59-30 546.23-33 455.34-45 930.33
Profitability
EBIT-%
ROA2.4 %14.3 %20.1 %13.2 %33.1 %
ROE0.7 %15.0 %17.2 %11.0 %28.1 %
ROI2.4 %14.9 %21.4 %13.9 %35.3 %
Economic value added (EVA)640.58701.2743.4544.044.43
Solvency
Equity ratio56.9 %89.1 %90.9 %92.6 %90.5 %
Gearing70.3 %5.2 %3.3 %3.0 %2.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.39.211.013.410.6
Current ratio2.39.211.013.410.6
Cash and cash equivalents36 227.7826 965.3131 486.2234 418.9846 948.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:33.1%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.5%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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