TORMAX DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 52781612
Hjortsvangen 36, 7323 Give
info@tormax.dk
tel: 75739066

Company information

Official name
TORMAX DANMARK A/S
Personnel
120 persons
Established
1975
Company form
Limited company
Industry

About TORMAX DANMARK A/S

TORMAX DANMARK A/S (CVR number: 52781612) is a company from VEJLE. The company recorded a gross profit of 51.9 mDKK in 2024. The operating profit was 18.9 mDKK, while net earnings were 14.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.9 %, which can be considered excellent and Return on Equity (ROE) was 22.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.1 %, 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. TORMAX DANMARK A/S's liquidity measured by quick ratio was 1.9 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
2024
Volume
Net sales
Gross profit37 129.0037 069.0041 871.0046 746.0051 901.00
EBIT10 411.0010 147.0012 268.0016 291.0018 940.00
Net earnings7 939.007 669.009 571.0012 961.0014 755.00
Shareholders equity total62 663.0055 332.0060 403.0065 364.0068 119.00
Balance sheet total (assets)93 003.0083 591.0085 304.0089 925.0095 800.00
Net debt-11 574.00-9 806.00
Profitability
EBIT-%
ROA12.3 %11.5 %14.5 %19.3 %20.9 %
ROE13.5 %13.0 %16.5 %20.6 %22.1 %
ROI12.3 %11.5 %14.5 %21.7 %26.7 %
Economic value added (EVA)7 661.126 998.189 487.579 649.3411 173.29
Solvency
Equity ratio100.0 %100.0 %100.0 %72.7 %71.1 %
Gearing2.1 %2.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.9
Current ratio3.33.1
Cash and cash equivalents12 954.0011 555.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:20.9%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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