TORVET HADSUND ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TORVET HADSUND ApS
TORVET HADSUND ApS (CVR number: 25700708) is a company from REBILD. The company recorded a gross profit of -17.1 kDKK in 2024. The operating profit was -67.1 kDKK, while net earnings were -68.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -7.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52 %, 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. TORVET HADSUND ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 147.36 | 119.85 | 26.64 | -20.42 | -17.08 |
EBIT | 117.36 | 169.85 | 16.64 | - 160.42 | -67.08 |
Net earnings | 84.74 | 106.41 | 25.47 | - 111.26 | -68.77 |
Shareholders equity total | 893.88 | 1 000.29 | 1 025.77 | 914.51 | 845.74 |
Balance sheet total (assets) | 1 980.06 | 2 022.93 | 1 960.56 | 1 746.63 | 1 626.94 |
Net debt | 506.72 | 452.67 | 443.97 | 446.41 | 485.01 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.0 % | 8.5 % | 1.4 % | -7.0 % | -3.9 % |
ROE | 10.0 % | 11.2 % | 2.5 % | -11.5 % | -7.8 % |
ROI | 6.2 % | 8.7 % | 1.4 % | -7.1 % | -3.9 % |
Economic value added (EVA) | -2.82 | 17.35 | -76.57 | - 216.35 | - 139.83 |
Solvency | |||||
Equity ratio | 45.1 % | 49.4 % | 52.3 % | 52.4 % | 52.0 % |
Gearing | 88.0 % | 72.5 % | 63.7 % | 62.2 % | 60.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 3.1 | 3.3 | 2.5 | 1.3 |
Current ratio | 2.1 | 3.1 | 3.3 | 2.5 | 1.3 |
Cash and cash equivalents | 280.06 | 272.94 | 209.61 | 122.46 | 29.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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