TORBEN FALKENBERG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TORBEN FALKENBERG ApS
TORBEN FALKENBERG ApS (CVR number: 10769191) is a company from STRUER. The company recorded a gross profit of -35.9 kDKK in 2023. The operating profit was -35.9 kDKK, while net earnings were 325.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 24.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TORBEN FALKENBERG ApS's liquidity measured by quick ratio was 1.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -30.86 | -34.34 | -45.89 | -23.83 | -35.86 |
EBIT | -30.86 | -34.34 | -45.89 | -23.83 | -35.86 |
Net earnings | 14.52 | 503.22 | - 274.65 | - 110.52 | 325.82 |
Shareholders equity total | 1 439.76 | 1 832.38 | 1 444.73 | 1 219.81 | 1 427.83 |
Balance sheet total (assets) | 3 998.70 | 4 653.11 | 4 273.35 | 4 222.98 | 4 690.78 |
Net debt | -1 436.38 | -1 966.85 | -4 182.13 | -4 100.63 | -4 666.12 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.3 % | 16.3 % | 0.4 % | -0.6 % | 13.1 % |
ROE | 1.0 % | 30.8 % | -16.8 % | -8.3 % | 24.6 % |
ROI | 5.3 % | 16.6 % | 0.6 % | -1.8 % | 44.1 % |
Economic value added (EVA) | 146.53 | 101.06 | 105.65 | 118.96 | 116.79 |
Solvency | |||||
Equity ratio | 36.0 % | 39.4 % | 33.8 % | 28.9 % | 30.4 % |
Gearing | 176.9 % | 146.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.6 | 1.5 | 1.4 | 1.4 |
Current ratio | 1.6 | 1.6 | 1.5 | 1.4 | 1.4 |
Cash and cash equivalents | 3 984.01 | 4 647.05 | 4 182.13 | 4 100.63 | 4 666.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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