TORVETS BRILLER ApS — Credit Rating and Financial Key Figures

CVR number: 14892230
Torvet 11, 5900 Rudkøbing
hanne.meyer@torvetsbriller.dk

Credit rating

Company information

Official name
TORVETS BRILLER ApS
Personnel
2 persons
Established
1990
Company form
Private limited company
Industry

About TORVETS BRILLER ApS

TORVETS BRILLER ApS (CVR number: 14892230) is a company from LANGELAND. The company recorded a gross profit of 1438.9 kDKK in 2024. The operating profit was 294.4 kDKK, while net earnings were 210.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.4 %, 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. TORVETS BRILLER ApS'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 545.891 697.311 528.611 533.191 438.87
EBIT366.78616.84425.09410.19294.40
Net earnings260.92468.69286.90333.10210.76
Shareholders equity total892.761 261.451 348.351 381.451 292.21
Balance sheet total (assets)2 432.942 469.902 446.772 372.392 213.62
Net debt33.37- 180.78- 385.91- 179.56- 470.74
Profitability
EBIT-%
ROA15.3 %25.2 %17.3 %17.4 %13.0 %
ROE32.0 %43.5 %22.0 %24.4 %15.8 %
ROI20.8 %35.5 %22.4 %22.0 %16.7 %
Economic value added (EVA)189.07400.33233.86251.43134.73
Solvency
Equity ratio36.7 %51.1 %55.2 %58.3 %58.4 %
Gearing68.1 %44.6 %41.1 %33.3 %32.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.61.71.91.9
Current ratio1.52.22.42.62.5
Cash and cash equivalents574.68742.90940.40639.02890.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.4%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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