Tornøes ApS — Credit Rating and Financial Key Figures

CVR number: 42117862
Næsset 52, 5330 Munkebo

Company information

Official name
Tornøes ApS
Established
2021
Company form
Private limited company
Industry

About Tornøes ApS

Tornøes ApS (CVR number: 42117862) is a company from KERTEMINDE. The company recorded a gross profit of -78.3 kDKK in 2024. The operating profit was -78.3 kDKK, while net earnings were 872.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 93.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Tornøes ApS's liquidity measured by quick ratio was 12.5 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 profit- 108.56-88.21-70.10-58.91-78.33
EBIT- 108.56-88.21-70.10-58.91-78.33
Net earnings1 158.421 482.49- 475.351 655.08872.24
Shareholders equity total13 415.7714 785.2514 195.5115 732.7916 483.03
Balance sheet total (assets)15 692.0619 711.2319 654.2619 277.1117 671.64
Net debt-12 464.62-10 351.34-8 182.15-10 239.92-13 731.69
Profitability
EBIT-%
ROA10.1 %10.8 %6.6 %11.1 %5.7 %
ROE8.6 %10.5 %-3.3 %11.1 %5.4 %
ROI11.3 %11.0 %6.3 %10.6 %5.7 %
Economic value added (EVA)-83.31- 771.03- 990.62- 977.62- 973.70
Solvency
Equity ratio85.5 %75.0 %72.2 %81.6 %93.3 %
Gearing4.3 %26.0 %30.6 %15.4 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio5.95.24.49.512.5
Current ratio5.95.24.49.512.5
Cash and cash equivalents13 035.1814 191.0012 532.8712 666.4313 779.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:5.68%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.3%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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