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K/S TORVEGADE 28. VEJLE — Credit Rating and Financial Key Figures
Credit rating
Company information
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 2025, demonstrating a growth of 1.9 % compared to the previous year. The operating profit percentage was at 64.8 % (EBIT: 0.5 mDKK), while net earnings were 477.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.6 %, 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 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 661.35 | 677.63 | 711.45 | 723.66 | 737.74 |
| Gross profit | 544.91 | 529.60 | 540.82 | 583.87 | 631.70 |
| EBIT | 390.91 | 375.60 | 386.82 | 429.87 | 477.70 |
| Net earnings | 365.39 | 359.99 | 378.27 | 450.78 | 477.75 |
| Shareholders equity total | 4 607.41 | 4 967.41 | 5 345.68 | 5 396.46 | 5 374.21 |
| Balance sheet total (assets) | 6 492.22 | 6 235.13 | 6 541.47 | 5 698.32 | 5 683.72 |
| Net debt | 1 379.13 | 866.32 | 318.05 | 85.90 | -40.79 |
| Profitability | |||||
| EBIT-% | 59.1 % | 55.4 % | 54.4 % | 59.4 % | 64.8 % |
| ROA | 5.9 % | 5.9 % | 6.1 % | 7.4 % | 8.4 % |
| ROE | 8.3 % | 7.5 % | 7.3 % | 8.4 % | 8.9 % |
| ROI | 6.0 % | 6.0 % | 6.2 % | 7.6 % | 8.6 % |
| Economic value added (EVA) | 60.36 | 55.61 | 79.63 | 108.09 | 199.67 |
| Solvency | |||||
| Equity ratio | 71.0 % | 79.7 % | 81.7 % | 94.7 % | 94.6 % |
| Gearing | 38.2 % | 23.1 % | 19.8 % | 2.5 % | 2.8 % |
| Relative net indebtedness % | 227.3 % | 145.8 % | 64.1 % | 34.7 % | 16.2 % |
| Liquidity | |||||
| Quick ratio | 0.9 | 0.8 | 2.1 | 0.2 | 0.6 |
| Current ratio | 0.9 | 0.8 | 2.1 | 0.2 | 0.6 |
| Cash and cash equivalents | 381.46 | 279.49 | 739.83 | 50.68 | 190.08 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -5.8 % | -9.0 % | 54.3 % | -34.7 % | -16.2 % |
| Credit risk | |||||
| Credit rating | AA | AA | AA | AA | AA |
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