TØMRERMESTER TORBEN NIELSEN A/S — Credit Rating and Financial Key Figures

CVR number: 10976243
Saltoftevej 2, 4490 Jerslev Sjælland
tel: 59596259

Company information

Official name
TØMRERMESTER TORBEN NIELSEN A/S
Personnel
2 persons
Established
1987
Company form
Limited company
Industry

About TØMRERMESTER TORBEN NIELSEN A/S

TØMRERMESTER TORBEN NIELSEN A/S (CVR number: 10976243) is a company from KALUNDBORG. The company recorded a gross profit of 1023.4 kDKK in 2023. The operating profit was -137.5 kDKK, while net earnings were 2462.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, which can be considered excellent and Return on Equity (ROE) was 17.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. TØMRERMESTER TORBEN NIELSEN A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 646.37
Gross profit1 085.831 592.21813.721 237.431 023.43
EBIT-23.63355.10- 498.58116.58- 137.51
Net earnings706.121 528.78105.231 066.182 462.83
Shareholders equity total10 315.0511 793.8411 849.0612 865.2515 278.07
Balance sheet total (assets)13 659.3415 950.4615 965.5117 317.8319 751.34
Net debt2 414.302 327.532 959.522 948.55- 525.26
Profitability
EBIT-%-0.9 %
ROA6.5 %13.5 %1.1 %8.7 %17.6 %
ROE7.1 %13.8 %0.9 %8.6 %17.5 %
ROI7.3 %14.1 %1.2 %9.0 %18.5 %
Economic value added (EVA)- 439.32- 232.49- 953.04- 490.18- 732.56
Solvency
Equity ratio76.4 %74.7 %75.5 %75.5 %78.4 %
Gearing25.1 %24.4 %27.4 %26.4 %18.0 %
Relative net indebtedness %106.2 %
Liquidity
Quick ratio0.20.50.30.21.0
Current ratio0.20.50.30.21.0
Cash and cash equivalents176.61549.43291.84443.153 276.63
Capital use efficiency
Trade debtors turnover (days)43.1
Net working capital %-85.8 %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:17.6%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.4%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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