TØRRING TØMRER & SNEDKERFORRETNING ApS — Credit Rating and Financial Key Figures

CVR number: 36536314
Tulstrupvej 25, 8680 Ry
michael@tts-byg.dk

Credit rating

Company information

Official name
TØRRING TØMRER & SNEDKERFORRETNING ApS
Personnel
9 persons
Established
2015
Company form
Private limited company
Industry

About TØRRING TØMRER & SNEDKERFORRETNING ApS

TØRRING TØMRER & SNEDKERFORRETNING ApS (CVR number: 36536314) is a company from SKANDERBORG. The company recorded a gross profit of 4263.6 kDKK in 2023. The operating profit was 278.6 kDKK, while net earnings were 114.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 28.8 %, 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. TØRRING TØMRER & SNEDKERFORRETNING ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit2 297.882 307.723 145.853 757.204 263.59
EBIT28.11- 285.52123.45256.91278.59
Net earnings-10.69- 243.0591.32185.40114.83
Shareholders equity total678.62435.57526.89712.29827.12
Balance sheet total (assets)2 239.864 542.733 317.743 924.122 875.80
Net debt-56.40- 143.50-1 222.51- 239.05- 155.99
Profitability
EBIT-%
ROA1.2 %-8.4 %3.5 %7.3 %8.3 %
ROE-1.6 %-43.6 %19.0 %29.9 %14.9 %
ROI3.8 %-48.2 %26.1 %39.5 %34.8 %
Economic value added (EVA)2.44- 255.6282.95237.93170.62
Solvency
Equity ratio30.3 %9.6 %15.9 %18.2 %28.8 %
Gearing6.1 %9.7 %0.7 %4.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.71.11.21.4
Current ratio1.21.01.11.21.4
Cash and cash equivalents56.40170.181 273.53243.82191.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:8.34%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.8%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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