Torp Ståldesign ApS — Credit Rating and Financial Key Figures

CVR number: 41250542
Bredgade 55, 7400 Herning
ut@torp-staaldesign.dk
tel: 30297725

Company information

Official name
Torp Ståldesign ApS
Personnel
2 persons
Established
2020
Company form
Private limited company
Industry

About Torp Ståldesign ApS

Torp Ståldesign ApS (CVR number: 41250542) is a company from HERNING. The company recorded a gross profit of 1331.4 kDKK in 2023. The operating profit was 93 kDKK, while net earnings were 66.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.9 %, 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. Torp Ståldesign ApS's liquidity measured by quick ratio was 3.2 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
2020
2021
2022
2023
Volume
Net sales
Gross profit1 060.38832.331 776.081 331.43
EBIT729.99369.42275.9292.95
Net earnings563.30276.77211.2366.43
Shareholders equity total603.30356.77568.00534.43
Balance sheet total (assets)1 296.191 074.581 091.01810.64
Net debt- 657.57- 529.67- 534.31- 313.89
Profitability
EBIT-%
ROA56.3 %31.2 %25.5 %9.8 %
ROE93.4 %57.7 %45.7 %12.1 %
ROI116.8 %71.2 %56.2 %16.9 %
Economic value added (EVA)565.81288.60224.3767.90
Solvency
Equity ratio46.5 %33.2 %52.1 %65.9 %
Gearing1.7 %14.8 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.42.93.2
Current ratio2.01.42.93.2
Cash and cash equivalents667.57582.34535.43313.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:9.81%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.9%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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