TORBEN FALKENBERG ApS — Credit Rating and Financial Key Figures

CVR number: 10769191
Duevej 7, 7600 Struer
falkenbergstruer@hotmail.com
tel: 30745590
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Credit rating

Company information

Official name
TORBEN FALKENBERG ApS
Established
1987
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings14.52503.22- 274.65- 110.52325.82
Shareholders equity total1 439.761 832.381 444.731 219.811 427.83
Balance sheet total (assets)3 998.704 653.114 273.354 222.984 690.78
Net debt-1 436.38-1 966.85-4 182.13-4 100.63-4 666.12
Profitability
EBIT-%
ROA5.3 %16.3 %0.4 %-0.6 %13.1 %
ROE1.0 %30.8 %-16.8 %-8.3 %24.6 %
ROI5.3 %16.6 %0.6 %-1.8 %44.1 %
Economic value added (EVA)146.53101.06105.65118.96116.79
Solvency
Equity ratio36.0 %39.4 %33.8 %28.9 %30.4 %
Gearing176.9 %146.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.61.51.41.4
Current ratio1.61.61.51.41.4
Cash and cash equivalents3 984.014 647.054 182.134 100.634 666.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:13.1%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.4%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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