TORBEN HJORTH OLSEN ApS — Credit Rating and Financial Key Figures

CVR number: 87866114
Lærkestien 15, Furreby 9480 Løkken
tel: 98991579
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Company information

Official name
TORBEN HJORTH OLSEN ApS
Personnel
1 person
Established
1978
Domicile
Furreby
Company form
Private limited company
Industry

About TORBEN HJORTH OLSEN ApS

TORBEN HJORTH OLSEN ApS (CVR number: 87866114) is a company from HJØRRING. The company recorded a gross profit of 524.1 kDKK in 2024. The operating profit was 524.1 kDKK, while net earnings were 414.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.7 %, 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 HJORTH OLSEN ApS's liquidity measured by quick ratio was 2.8 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 profit645.70500.85606.84614.45524.13
EBIT477.93410.19606.84-2 377.32524.13
Net earnings591.85237.62462.55-1 803.87414.90
Shareholders equity total10 994.0111 131.6311 394.179 390.309 605.21
Balance sheet total (assets)15 488.6515 399.9415 356.8812 596.7412 707.10
Net debt1 062.43897.05750.25437.28293.72
Profitability
EBIT-%
ROA5.4 %2.4 %4.1 %-16.6 %4.6 %
ROE5.5 %2.1 %4.1 %-17.4 %4.4 %
ROI5.5 %2.4 %4.2 %-17.0 %4.8 %
Economic value added (EVA)- 369.01- 433.30- 266.81-2 575.00- 190.13
Solvency
Equity ratio71.0 %72.3 %74.2 %74.7 %75.7 %
Gearing19.5 %17.0 %14.5 %16.0 %14.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.82.32.72.8
Current ratio1.91.82.32.62.7
Cash and cash equivalents1 078.27997.94900.611 066.441 109.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBA

Variable visualization

ROA:4.65%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.7%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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