TORBEN OLSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TORBEN OLSEN A/S
TORBEN OLSEN A/S (CVR number: 16186791) is a company from HILLERØD. The company recorded a gross profit of 242.9 kDKK in 2024. The operating profit was 12.1 kDKK, while net earnings were -10.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORBEN OLSEN A/S's liquidity measured by quick ratio was 15.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 217.69 | 219.56 | 233.35 | 235.85 | 242.86 |
EBIT | -10.53 | -8.81 | 19.95 | -85.05 | 12.11 |
Net earnings | 8.47 | 100.20 | 89.12 | 122.73 | -10.18 |
Shareholders equity total | 2 740.61 | 2 840.81 | 2 929.94 | 3 052.67 | 3 042.48 |
Balance sheet total (assets) | 3 144.87 | 3 224.53 | 3 283.01 | 3 442.78 | 3 407.86 |
Net debt | - 712.28 | - 802.86 | - 839.32 | -1 027.29 | - 998.99 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.4 % | 4.3 % | 2.9 % | 4.7 % | 0.9 % |
ROE | 0.3 % | 3.6 % | 3.1 % | 4.1 % | -0.3 % |
ROI | 0.4 % | 4.7 % | 3.1 % | 5.0 % | 1.0 % |
Economic value added (EVA) | - 113.47 | - 108.77 | -83.10 | - 171.30 | -92.03 |
Solvency | |||||
Equity ratio | 91.5 % | 92.4 % | 93.5 % | 92.7 % | 93.4 % |
Gearing | 0.0 % | 0.0 % | 0.1 % | 0.0 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.4 | 8.4 | 13.0 | 11.7 | 15.3 |
Current ratio | 2.5 | 3.3 | 4.0 | 4.4 | 4.7 |
Cash and cash equivalents | 712.76 | 803.47 | 840.94 | 1 027.64 | 999.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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