TORBEN ØRSKOV & CO. A/S — Credit Rating and Financial Key Figures

CVR number: 58803316
Bybjergvej 5, 3060 Espergærde
orskov@orskov.com
tel: 49194948
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Company information

Official name
TORBEN ØRSKOV & CO. A/S
Personnel
8 persons
Established
1977
Company form
Limited company
Industry

About TORBEN ØRSKOV & CO. A/S

TORBEN ØRSKOV & CO. A/S (CVR number: 58803316) is a company from HELSINGØR. The company recorded a gross profit of 2185.7 kDKK in 2023. The operating profit was 580.1 kDKK, while net earnings were 439.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TORBEN ØRSKOV & CO. A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 563.791 645.342 516.952 447.862 185.73
EBIT441.93281.291 111.871 085.99580.07
Net earnings302.39213.25877.99842.65439.70
Shareholders equity total3 254.013 267.264 045.254 287.904 127.60
Balance sheet total (assets)5 093.945 008.205 829.336 537.036 285.02
Net debt554.37- 251.50- 271.13-1 191.34-1 378.88
Profitability
EBIT-%
ROA8.9 %6.2 %21.4 %18.1 %9.3 %
ROE9.4 %6.5 %24.0 %20.2 %10.4 %
ROI11.3 %8.0 %28.8 %24.8 %12.5 %
Economic value added (EVA)189.1568.66737.04671.41316.64
Solvency
Equity ratio66.3 %67.9 %73.5 %69.2 %69.5 %
Gearing24.9 %13.1 %7.0 %9.7 %17.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.52.11.91.9
Current ratio2.82.93.73.23.0
Cash and cash equivalents255.56678.03555.811 605.792 119.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:9.30%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.5%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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