TOR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TOR A/S
TOR A/S (CVR number: 34086907) is a company from KØBENHAVN. The company recorded a gross profit of -211.7 kDKK in 2018. The operating profit was -226.4 kDKK, while net earnings were -220.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TOR A/S's liquidity measured by quick ratio was 20.6 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 financials2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 332.00 | -1 867.00 | - 211.74 |
| EBIT | 332.00 | -1 867.00 | - 226.36 |
| Net earnings | 686.00 | - 323.00 | - 220.50 |
| Shareholders equity total | 13 008.00 | 12 685.00 | 925.09 |
| Balance sheet total (assets) | 14 331.00 | 12 711.00 | 972.25 |
| Net debt | - 668.00 | -1 128.00 | - 839.90 |
| Profitability | |||
| EBIT-% | |||
| ROA | 6.2 % | -1.9 % | -3.2 % |
| ROE | 5.3 % | -2.5 % | -3.2 % |
| ROI | 6.3 % | -1.9 % | -3.2 % |
| Economic value added (EVA) | 259.10 | -2 432.01 | - 807.10 |
| Solvency | |||
| Equity ratio | 90.8 % | 99.8 % | 95.1 % |
| Gearing | 8.4 % | ||
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 10.8 | 488.9 | 20.6 |
| Current ratio | 10.8 | 488.9 | 20.6 |
| Cash and cash equivalents | 1 764.00 | 1 128.00 | 839.90 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | B |
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