Torcon Transport ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Torcon Transport ApS
Torcon Transport ApS (CVR number: 36896493) is a company from ODENSE. The company recorded a gross profit of 211.1 kDKK in 2024. The operating profit was -5.5 kDKK, while net earnings were 18.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -20.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Torcon Transport ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 159.66 | 201.69 | 195.42 | 225.89 | 211.10 |
| EBIT | 142.49 | 169.97 | - 169.80 | - 137.66 | -5.49 |
| Net earnings | 109.91 | 137.61 | - 185.90 | - 150.32 | 18.64 |
| Shareholders equity total | 135.90 | 273.51 | 87.61 | -62.71 | -44.07 |
| Balance sheet total (assets) | 308.56 | 395.59 | 226.76 | 139.67 | 170.99 |
| Net debt | -38.40 | - 173.53 | - 110.12 | 112.06 | 143.81 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 58.9 % | 50.8 % | -59.4 % | -68.4 % | 14.2 % |
| ROE | 135.8 % | 67.2 % | -103.0 % | -132.3 % | 12.0 % |
| ROI | 173.7 % | 87.0 % | -102.3 % | -147.1 % | 23.1 % |
| Economic value added (EVA) | 109.56 | 125.69 | - 183.26 | - 142.06 | -7.97 |
| Solvency | |||||
| Equity ratio | 44.0 % | 69.1 % | 38.6 % | -31.0 % | -20.5 % |
| Gearing | -178.7 % | -326.3 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.0 | 4.5 | 1.6 | 0.7 | 0.8 |
| Current ratio | 2.0 | 4.5 | 1.6 | 0.7 | 0.8 |
| Cash and cash equivalents | 38.40 | 173.53 | 110.12 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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