Torben Holm Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Torben Holm Holding ApS
Torben Holm Holding ApS (CVR number: 38736760) is a company from ESBJERG. The company recorded a gross profit of 9622.9 kDKK in 2023. The operating profit was -222.8 kDKK, while net earnings were -397.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -12.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.8 %, 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. Torben Holm Holding ApS's liquidity measured by quick ratio was 1.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8 986.22 | 7 955.86 | 9 647.17 | 9 862.76 | 9 622.88 |
EBIT | 683.50 | 287.68 | 311.80 | 94.64 | - 222.76 |
Net earnings | 465.90 | 160.86 | 169.53 | -58.48 | - 397.81 |
Shareholders equity total | 4 002.50 | 3 913.36 | 3 582.89 | 3 467.21 | 3 010.51 |
Balance sheet total (assets) | 6 488.18 | 7 651.96 | 7 240.12 | 6 903.68 | 6 304.40 |
Net debt | 1 082.25 | 785.11 | 872.40 | 1 375.13 | -3 042.49 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.2 % | 4.1 % | 4.2 % | 1.4 % | -3.3 % |
ROE | 12.3 % | 4.1 % | 4.5 % | -1.7 % | -12.3 % |
ROI | 11.8 % | 4.9 % | 5.4 % | 1.8 % | -4.5 % |
Economic value added (EVA) | 293.05 | -32.79 | 2.31 | - 133.96 | - 507.18 |
Solvency | |||||
Equity ratio | 71.4 % | 51.6 % | 50.1 % | 50.8 % | 47.8 % |
Gearing | 27.4 % | 26.8 % | 26.9 % | 41.0 % | 27.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.8 | 0.5 | 0.6 | 1.9 |
Current ratio | 0.8 | 0.9 | 0.6 | 0.7 | 1.9 |
Cash and cash equivalents | 14.25 | 262.78 | 92.67 | 47.71 | 3 882.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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