TØRNINGGÅRD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 | -37.97 | 484.84 | 603.49 | - 846.05 | 754.42 |
Shareholders equity total | 7 389.93 | 5 436.59 | 5 813.98 | 4 739.13 | 5 257.95 |
Balance sheet total (assets) | 9 016.48 | 5 453.96 | 5 828.98 | 4 754.13 | 5 272.94 |
Net debt | 498.79 | -4 942.35 | -5 814.22 | -4 746.79 | -5 270.73 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.7 % | 8.2 % | 10.9 % | 0.7 % | 15.6 % |
ROE | -0.5 % | 7.6 % | 10.7 % | -16.0 % | 15.1 % |
ROI | 3.0 % | 8.9 % | 10.9 % | 0.7 % | 15.6 % |
Economic value added (EVA) | - 428.91 | - 433.99 | - 309.52 | - 325.90 | - 282.59 |
Solvency | |||||
Equity ratio | 82.0 % | 99.7 % | 99.7 % | 99.7 % | 99.7 % |
Gearing | 6.7 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.5 | 314.1 | 388.6 | 316.9 | 351.5 |
Current ratio | 5.5 | 314.1 | 388.6 | 316.9 | 351.5 |
Cash and cash equivalents | 4 942.35 | 5 814.22 | 4 746.79 | 5 270.73 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BBB |
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