Tørringvej 16-18 ApS — Credit Rating and Financial Key Figures

CVR number: 39633159
Tørringvej 16, 2610 Rødovre

Company information

Official name
Tørringvej 16-18 ApS
Established
2018
Company form
Private limited company
Industry

About Tørringvej 16-18 ApS

Tørringvej 16-18 ApS (CVR number: 39633159) is a company from RØDOVRE. The company recorded a gross profit of 597.9 kDKK in 2023. The operating profit was 536.9 kDKK, while net earnings were 169.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 30.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tørringvej 16-18 ApS's liquidity measured by quick ratio was 4.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit322.55360.99454.74399.80597.91
EBIT215.91230.552 228.31288.91536.88
Net earnings133.1359.881 663.56143.70169.09
Shareholders equity total487.35547.232 210.792 354.482 523.57
Balance sheet total (assets)5 478.486 440.038 200.897 949.688 184.17
Net debt4 514.615 634.275 022.904 805.394 838.74
Profitability
EBIT-%
ROA4.0 %3.9 %30.4 %3.6 %6.7 %
ROE31.6 %11.6 %120.6 %6.3 %6.9 %
ROI4.0 %3.9 %30.8 %3.6 %6.7 %
Economic value added (EVA)32.7164.601 676.2795.87151.54
Solvency
Equity ratio8.9 %8.5 %27.0 %29.6 %30.8 %
Gearing1005.1 %1041.5 %233.6 %208.3 %193.8 %
Relative net indebtedness %
Liquidity
Quick ratio8.839.33.15.64.7
Current ratio8.839.33.15.64.7
Cash and cash equivalents383.6965.16141.2598.0551.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.66%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.8%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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