TORVEGADE CENTRET VEJEN ApS — Credit Rating and Financial Key Figures

CVR number: 21866997
Torvegade 16, 6600 Vejen

Company information

Official name
TORVEGADE CENTRET VEJEN ApS
Established
1999
Company form
Private limited company
Industry

About TORVEGADE CENTRET VEJEN ApS

TORVEGADE CENTRET VEJEN ApS (CVR number: 21866997) is a company from VEJEN. The company recorded a gross profit of 1742.5 kDKK in 2023. The operating profit was 1643.1 kDKK, while net earnings were 1012.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good and Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.8 %, 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. TORVEGADE CENTRET VEJEN ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 810.431 872.821 833.991 773.581 742.45
EBIT1 711.041 773.431 734.601 674.191 643.06
Net earnings1 253.301 358.481 259.411 181.301 012.09
Shareholders equity total6 177.956 786.437 295.857 727.148 139.24
Balance sheet total (assets)16 528.2616 739.9216 473.9816 381.7116 346.06
Net debt8 868.768 227.387 937.597 510.747 223.50
Profitability
EBIT-%
ROA8.5 %11.4 %10.5 %10.2 %10.1 %
ROE12.6 %21.0 %17.9 %15.7 %12.8 %
ROI8.8 %11.9 %10.8 %10.5 %10.3 %
Economic value added (EVA)228.38633.55788.10707.05679.15
Solvency
Equity ratio37.4 %40.5 %44.3 %47.2 %49.8 %
Gearing149.7 %128.9 %113.1 %100.4 %90.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.40.50.6
Current ratio0.40.50.40.50.6
Cash and cash equivalents381.34521.90310.55245.54129.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.8%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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