K/S TORVEGADE 28. VEJLE — Credit Rating and Financial Key Figures

CVR number: 21767832
Vindingvej 2 A, 7100 Vejle

Company information

Official name
K/S TORVEGADE 28. VEJLE
Established
1999
Company form
Limited partnership
Industry

About K/S TORVEGADE 28. VEJLE

K/S TORVEGADE 28. VEJLE (CVR number: 21767832) is a company from VEJLE. The company reported a net sales of 0.7 mDKK in 2024, demonstrating a growth of 1.7 % compared to the previous year. The operating profit percentage was at 59.4 % (EBIT: 0.4 mDKK), while net earnings were 450.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S TORVEGADE 28. VEJLE's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales733.59661.35677.63711.45723.66
Gross profit588.82544.91529.60540.82583.87
EBIT434.82390.91375.60386.82429.87
Net earnings404.23365.39359.99378.27450.78
Shareholders equity total4 242.024 607.414 967.415 345.685 396.46
Balance sheet total (assets)6 700.646 492.226 235.136 541.475 698.32
Net debt1 899.051 379.13866.32318.0585.90
Profitability
EBIT-%59.3 %59.1 %55.4 %54.4 %59.4 %
ROA6.3 %5.9 %5.9 %6.1 %7.4 %
ROE10.0 %8.3 %7.5 %7.3 %8.4 %
ROI6.5 %6.0 %6.0 %6.2 %7.6 %
Economic value added (EVA)138.2098.2089.68104.65156.08
Solvency
Equity ratio63.3 %71.0 %79.7 %81.7 %94.7 %
Gearing55.1 %38.2 %23.1 %19.8 %2.5 %
Relative net indebtedness %275.6 %227.3 %145.8 %64.1 %34.7 %
Liquidity
Quick ratio1.00.90.82.10.2
Current ratio1.00.90.82.10.2
Cash and cash equivalents437.01381.46279.49739.8350.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-0.2 %-5.8 %-9.0 %54.3 %-34.7 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.41%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.7%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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