Torvets Optik ApS — Credit Rating and Financial Key Figures

CVR number: 40683127
Torvet 3, 8464 Galten
butik@torvetsoptik.dk
tel: 86326320

Credit rating

Company information

Official name
Torvets Optik ApS
Personnel
5 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon477410

About Torvets Optik ApS

Torvets Optik ApS (CVR number: 40683127) is a company from SKANDERBORG. The company recorded a gross profit of 2992.6 kDKK in 2023. The operating profit was 990.2 kDKK, while net earnings were 781.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51 %, which can be considered excellent and Return on Equity (ROE) was 87.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.4 %, 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. Torvets Optik ApS's liquidity measured by quick ratio was 1.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit2 327.842 855.712 523.492 992.61
EBIT627.75668.47502.20990.19
Net earnings489.23519.18385.30781.78
Shareholders equity total529.23817.41702.721 084.50
Balance sheet total (assets)1 707.122 048.361 867.332 069.12
Net debt- 838.29- 940.01- 760.13- 753.62
Profitability
EBIT-%
ROA36.8 %35.9 %25.7 %51.0 %
ROE92.4 %77.1 %50.7 %87.5 %
ROI92.1 %89.7 %66.0 %112.3 %
Economic value added (EVA)489.49536.83397.77774.82
Solvency
Equity ratio31.0 %39.9 %37.6 %52.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.01.8
Current ratio1.71.71.62.6
Cash and cash equivalents838.29940.01760.13753.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:51.0%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.4%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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