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Torvet 1 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Torvet 1 ApS
Torvet 1 ApS (CVR number: 34704058) is a company from VEJLE. The company recorded a gross profit of 629.2 kDKK in 2024. The operating profit was 56.8 kDKK, while net earnings were -374.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -6.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Torvet 1 ApS's liquidity measured by quick ratio was 3.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 981.89 | 544.42 | 842.03 | 810.76 | 629.20 |
| EBIT | 415.05 | - 207.56 | 247.95 | 98.05 | 56.84 |
| Net earnings | 133.51 | - 467.88 | 15.59 | - 467.78 | - 374.75 |
| Shareholders equity total | -2 308.71 | -2 776.59 | -2 761.00 | -3 228.78 | 3 396.47 |
| Balance sheet total (assets) | 8 168.33 | 7 844.96 | 7 489.13 | 7 442.73 | 7 747.25 |
| Net debt | 10 095.22 | 10 113.35 | 9 895.18 | 10 191.36 | 3 423.86 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 5.0 % | -2.0 % | 2.9 % | 1.0 % | 0.6 % |
| ROE | 2.3 % | -5.8 % | 0.2 % | -6.3 % | -6.9 % |
| ROI | 5.3 % | -2.0 % | 3.0 % | 1.1 % | 0.6 % |
| Economic value added (EVA) | 251.24 | - 599.08 | - 122.71 | - 262.43 | - 303.43 |
| Solvency | |||||
| Equity ratio | -22.0 % | -26.1 % | -26.9 % | -30.3 % | 43.8 % |
| Gearing | -437.5 % | -365.7 % | -359.8 % | -316.9 % | 121.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.1 | 0.0 | 0.0 | 3.7 |
| Current ratio | 0.1 | 0.1 | 0.0 | 0.0 | 3.7 |
| Cash and cash equivalents | 5.00 | 39.50 | 39.50 | 39.50 | 712.75 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BBB | BBB | BBB |
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