TORVET HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TORVET HOLDING ApS
TORVET HOLDING ApS (CVR number: 32302122) is a company from AALBORG. The company recorded a gross profit of -23.3 kDKK in 2024. The operating profit was -23.3 kDKK, while net earnings were -1280.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.1 %, which can be considered poor and Return on Equity (ROE) was -38.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.5 %, 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. TORVET HOLDING ApS's liquidity measured by quick ratio was 3.3 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 | -6.88 | 97.78 | 79.29 | 27.85 | -23.34 |
EBIT | -6.88 | 97.78 | 79.29 | 27.85 | -23.34 |
Net earnings | - 996.40 | 338.09 | 637.99 | - 244.99 | -1 280.65 |
Shareholders equity total | 3 632.25 | 3 857.34 | 4 380.93 | 4 018.14 | 2 615.49 |
Balance sheet total (assets) | 4 373.67 | 4 014.14 | 4 424.14 | 4 142.11 | 3 288.52 |
Net debt | -38.08 | -84.57 | - 206.60 | - 135.87 | 473.84 |
Profitability | |||||
EBIT-% | |||||
ROA | -20.2 % | 9.4 % | 15.8 % | -4.9 % | -33.1 % |
ROE | -24.1 % | 9.0 % | 15.5 % | -5.8 % | -38.6 % |
ROI | -23.3 % | 10.5 % | 16.1 % | -5.0 % | -34.6 % |
Economic value added (EVA) | - 242.23 | - 108.75 | - 132.92 | - 197.91 | - 226.33 |
Solvency | |||||
Equity ratio | 83.0 % | 96.1 % | 99.0 % | 97.0 % | 79.5 % |
Gearing | 18.1 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 7.1 | 22.6 | 8.6 | 3.3 |
Current ratio | 2.3 | 7.1 | 22.6 | 8.6 | 3.3 |
Cash and cash equivalents | 38.08 | 84.57 | 206.60 | 135.87 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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