Torben Engmark Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Torben Engmark Holding ApS
Torben Engmark Holding ApS (CVR number: 36925779) is a company from SKIVE. The company recorded a gross profit of -13.9 kDKK in 2024. The operating profit was -13.9 kDKK, while net earnings were 171.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Torben Engmark Holding ApS's liquidity measured by quick ratio was 1.5 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 | -9.69 | -8.41 | -13.32 | -25.45 | -13.89 |
EBIT | -9.69 | -8.41 | -13.32 | -25.45 | -13.89 |
Net earnings | 305.79 | 1 236.34 | 1 000.20 | - 565.84 | 171.20 |
Shareholders equity total | 1 171.99 | 2 295.33 | 2 931.13 | 2 247.49 | 2 296.70 |
Balance sheet total (assets) | 1 423.13 | 2 758.88 | 3 387.97 | 2 765.43 | 2 937.21 |
Net debt | 243.64 | 341.03 | - 185.90 | - 470.56 | - 331.75 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.7 % | 59.7 % | 32.9 % | -17.6 % | 7.9 % |
ROE | 28.5 % | 71.3 % | 38.3 % | -21.9 % | 7.5 % |
ROI | 26.0 % | 61.7 % | 33.6 % | -17.7 % | 7.9 % |
Economic value added (EVA) | -64.62 | -79.55 | - 141.22 | - 191.15 | - 156.44 |
Solvency | |||||
Equity ratio | 82.4 % | 83.2 % | 86.5 % | 81.3 % | 78.2 % |
Gearing | 20.8 % | 14.9 % | 15.3 % | 22.7 % | 27.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 1.2 | 1.5 | 2.0 | 1.5 |
Current ratio | 1.9 | 1.2 | 1.5 | 2.0 | 1.5 |
Cash and cash equivalents | 635.24 | 980.00 | 962.01 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BBB |
Variable visualization
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