Torsted VVS ApS — Credit Rating and Financial Key Figures

CVR number: 39118580
Septembervej 15, 8700 Horsens

Company information

Official name
Torsted VVS ApS
Personnel
3 persons
Established
2017
Company form
Private limited company
Industry

About Torsted VVS ApS

Torsted VVS ApS (CVR number: 39118580) is a company from HORSENS. The company recorded a gross profit of 1754 kDKK in 2023. The operating profit was 264.9 kDKK, while net earnings were 206.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 19.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.4 %, 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. Torsted VVS ApS's liquidity measured by quick ratio was 2.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 337.052 234.831 427.461 340.901 753.95
EBIT489.431 056.12452.25426.63264.93
Net earnings379.77820.26387.09293.77206.22
Shareholders equity total576.081 246.35833.441 127.211 033.42
Balance sheet total (assets)1 240.772 023.691 786.641 997.771 770.50
Net debt- 843.00- 735.84-67.93- 854.08- 510.74
Profitability
EBIT-%
ROA54.5 %64.7 %23.7 %22.5 %14.1 %
ROE82.3 %90.0 %37.2 %30.0 %19.1 %
ROI104.9 %114.5 %36.0 %34.4 %22.6 %
Economic value added (EVA)385.23836.92365.57276.75192.50
Solvency
Equity ratio46.4 %61.6 %46.6 %56.4 %58.4 %
Gearing0.1 %0.1 %49.3 %5.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.62.41.72.52.9
Current ratio1.62.41.72.52.9
Cash and cash equivalents843.86736.70478.63854.08570.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:14.1%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.4%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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