ApS TORSLOW KUNSTHÅNDVÆRK — Credit Rating and Financial Key Figures

CVR number: 79130419
Lyngvejen 80, Klegod 6950 Ringkøbing

Credit rating

Company information

Official name
ApS TORSLOW KUNSTHÅNDVÆRK
Personnel
1 person
Established
1985
Domicile
Klegod
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About ApS TORSLOW KUNSTHÅNDVÆRK

ApS TORSLOW KUNSTHÅNDVÆRK (CVR number: 79130419) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -465.5 kDKK in 2023. The operating profit was -762.1 kDKK, while net earnings were 58.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ApS TORSLOW KUNSTHÅNDVÆRK's liquidity measured by quick ratio was 16.2 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 profit155.30298.76- 328.79- 487.10- 465.46
EBIT- 143.0920.44- 606.17- 765.26- 762.06
Net earnings5 260.314 894.83- 467.27-4 229.7758.53
Shareholders equity total23 223.2927 618.1226 650.8522 421.0822 479.60
Balance sheet total (assets)30 496.2229 889.6728 938.0823 723.1623 839.03
Net debt3 001.09-26 559.30-25 753.61-21 864.94-21 811.02
Profitability
EBIT-%
ROA26.1 %22.5 %-0.0 %-1.0 %6.4 %
ROE25.2 %19.3 %-1.7 %-17.2 %0.3 %
ROI28.0 %24.3 %-0.0 %-1.1 %6.8 %
Economic value added (EVA)- 967.43-1 051.43- 812.34- 823.24- 501.20
Solvency
Equity ratio76.2 %92.4 %92.1 %94.5 %94.3 %
Gearing21.5 %0.7 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.412.411.917.016.2
Current ratio0.412.411.917.016.2
Cash and cash equivalents1 982.4426 755.6525 830.5521 864.9421 811.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:6.42%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.3%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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