TØRNINGGÅRD A/S — Credit Rating and Financial Key Figures

CVR number: 21713880
Erlevvej 46, 6100 Haderslev
jmk@ecco.com
Free credit report Annual report

Credit rating

Company information

Official name
TØRNINGGÅRD A/S
Established
1999
Company form
Limited company
Industry

About TØRNINGGÅRD A/S

TØRNINGGÅRD A/S (CVR number: 21713880) is a company from HADERSLEV. The company recorded a gross profit of -46.1 kDKK in 2023. The operating profit was -46.1 kDKK, while net earnings were 754.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TØRNINGGÅRD A/S's liquidity measured by quick ratio was 351.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-26.13-28.39-36.68-33.32-46.08
EBIT-26.13-37.73-36.68-33.32-46.08
Net earnings-37.97484.84603.49- 846.05754.42
Shareholders equity total7 389.935 436.595 813.984 739.135 257.95
Balance sheet total (assets)9 016.485 453.965 828.984 754.135 272.94
Net debt498.79-4 942.35-5 814.22-4 746.79-5 270.73
Profitability
EBIT-%
ROA2.7 %8.2 %10.9 %0.7 %15.6 %
ROE-0.5 %7.6 %10.7 %-16.0 %15.1 %
ROI3.0 %8.9 %10.9 %0.7 %15.6 %
Economic value added (EVA)- 428.91- 433.99- 309.52- 325.90- 282.59
Solvency
Equity ratio82.0 %99.7 %99.7 %99.7 %99.7 %
Gearing6.7 %
Relative net indebtedness %
Liquidity
Quick ratio5.5314.1388.6316.9351.5
Current ratio5.5314.1388.6316.9351.5
Cash and cash equivalents4 942.355 814.224 746.795 270.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:15.6%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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