TORBEN ERIKSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26568757
Fruergårdsvej 5, Trøstrup 6920 Videbæk
tel: 96940034

Credit rating

Company information

Official name
TORBEN ERIKSEN HOLDING ApS
Established
2002
Domicile
Trøstrup
Company form
Private limited company
Industry

About TORBEN ERIKSEN HOLDING ApS

TORBEN ERIKSEN HOLDING ApS (CVR number: 26568757) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -6.1 kDKK in 2024. The operating profit was -11.1 kDKK, while net earnings were 141.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORBEN ERIKSEN HOLDING ApS's liquidity measured by quick ratio was 5.8 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-1.50-5.00-12.00-5.25-6.13
EBIT-6.50-10.00-17.00-10.25-11.13
Net earnings175.89290.87269.88137.71141.86
Shareholders equity total1 109.561 290.431 095.661 115.571 162.92
Balance sheet total (assets)1 119.671 372.441 101.011 120.571 168.55
Net debt- 179.38- 138.53-56.34-32.93-32.78
Profitability
EBIT-%
ROA16.4 %23.4 %22.3 %12.4 %12.4 %
ROE16.9 %24.2 %22.6 %12.5 %12.5 %
ROI16.4 %24.2 %23.1 %12.5 %12.5 %
Economic value added (EVA)1.58-5.16-5.2225.5027.27
Solvency
Equity ratio99.1 %94.0 %99.5 %99.6 %99.5 %
Gearing0.8 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio36.56.210.56.65.8
Current ratio36.56.210.56.65.8
Cash and cash equivalents188.24140.0356.3432.9332.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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