OVE NIELSEN TORVEGYDEN ApS — Credit Rating and Financial Key Figures

CVR number: 75204728
Brudelyset 15, 8800 Viborg
torvegyden@gmail.com

Credit rating

Company information

Official name
OVE NIELSEN TORVEGYDEN ApS
Personnel
1 person
Established
1984
Company form
Private limited company
Industry

About OVE NIELSEN TORVEGYDEN ApS

OVE NIELSEN TORVEGYDEN ApS (CVR number: 75204728) is a company from VIBORG. The company recorded a gross profit of 30.1 kDKK in 2023. The operating profit was 21.6 kDKK, while net earnings were 24.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OVE NIELSEN TORVEGYDEN ApS's liquidity measured by quick ratio was 5.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6.08-34.1113.88-14.2830.11
EBIT-25.87- 126.5611.91-35.1321.56
Net earnings-11.91- 122.3223.56-10.3124.55
Shareholders equity total1 156.73959.41874.98754.67666.22
Balance sheet total (assets)1 507.721 226.631 063.11970.20829.96
Net debt-10.05-21.01-17.13139.21118.59
Profitability
EBIT-%
ROA-0.1 %-7.6 %2.8 %-1.6 %4.0 %
ROE-1.0 %-11.6 %2.6 %-1.3 %3.5 %
ROI-0.2 %-9.9 %3.5 %-1.7 %4.1 %
Economic value added (EVA)-54.99- 196.69-37.66-68.05-17.31
Solvency
Equity ratio76.7 %78.2 %82.3 %77.8 %80.3 %
Gearing28.6 %19.7 %
Relative net indebtedness %
Liquidity
Quick ratio4.04.35.74.55.1
Current ratio4.04.35.74.55.1
Cash and cash equivalents10.0521.0117.1376.3112.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:4.03%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.3%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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