Torben-Aars ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Torben-Aars ApS
Torben-Aars ApS (CVR number: 32564127) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 1059 kDKK in 2024. The operating profit was -434.3 kDKK, while net earnings were -390.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.1 %, which can be considered poor and Return on Equity (ROE) was -26.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -41.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Torben-Aars ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 168.50 | 956.82 | 488.68 | 1 264.84 | 1 058.95 |
EBIT | 17.26 | - 110.03 | - 428.40 | - 655.72 | - 434.27 |
Net earnings | -34.17 | -85.38 | - 343.07 | - 542.99 | - 390.36 |
Shareholders equity total | 389.70 | 304.32 | -38.75 | - 581.74 | - 972.10 |
Balance sheet total (assets) | 1 526.79 | 1 486.74 | 1 551.02 | 1 605.73 | 1 382.89 |
Net debt | - 505.31 | - 766.18 | 641.03 | 885.06 | 1 353.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.9 % | -7.0 % | -27.8 % | -34.7 % | -19.1 % |
ROE | -4.2 % | -24.6 % | -37.0 % | -34.4 % | -26.1 % |
ROI | 1.8 % | -30.5 % | -71.6 % | -59.1 % | -28.9 % |
Economic value added (EVA) | -7.95 | - 107.02 | - 349.43 | - 556.39 | - 377.43 |
Solvency | |||||
Equity ratio | 25.5 % | 20.5 % | -2.4 % | -26.6 % | -41.3 % |
Gearing | -2274.2 % | -225.8 % | -171.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 0.2 | 0.8 | 0.7 |
Current ratio | 1.2 | 1.1 | 0.7 | 1.4 | 1.5 |
Cash and cash equivalents | 505.31 | 766.18 | 240.31 | 428.39 | 316.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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