TØRVEVEJENS MINKFARM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TØRVEVEJENS MINKFARM ApS
TØRVEVEJENS MINKFARM ApS (CVR number: 26107474) is a company from ESBJERG. The company recorded a gross profit of -129.3 kDKK in 2023. The operating profit was -965.5 kDKK, while net earnings were -955.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.6 %, which can be considered poor and Return on Equity (ROE) was -18.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TØRVEVEJENS MINKFARM ApS's liquidity measured by quick ratio was 1.7 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 | 126.40 | - 881.63 | 2 030.62 | 1 174.89 | - 129.32 |
EBIT | - 520.62 | -1 379.18 | 1 476.78 | 377.76 | - 965.53 |
Net earnings | - 482.29 | -1 388.59 | 1 457.95 | 362.60 | - 955.45 |
Shareholders equity total | 5 315.40 | 3 926.82 | 5 384.77 | 5 747.37 | 4 791.92 |
Balance sheet total (assets) | 5 423.29 | 4 310.97 | 5 725.24 | 8 110.28 | 7 080.89 |
Net debt | - 460.17 | 244.10 | -2 055.49 | -3 453.81 | -2 789.70 |
Profitability | |||||
EBIT-% | |||||
ROA | -8.3 % | -28.3 % | 29.4 % | 5.5 % | -12.6 % |
ROE | -8.7 % | -30.0 % | 31.3 % | 6.5 % | -18.1 % |
ROI | -8.6 % | -29.1 % | 30.9 % | 6.8 % | -18.1 % |
Economic value added (EVA) | - 753.63 | -1 623.15 | 1 279.46 | 210.48 | -1 080.76 |
Solvency | |||||
Equity ratio | 98.0 % | 91.1 % | 94.1 % | 70.9 % | 67.7 % |
Gearing | 6.2 % | 0.0 % | 0.0 % | 0.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.5 | 0.3 | 6.4 | 1.8 | 1.7 |
Current ratio | 23.2 | 3.7 | 8.0 | 2.0 | 1.7 |
Cash and cash equivalents | 460.17 | 2 055.83 | 3 454.15 | 2 790.04 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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