Trøjborgvej A/S — Credit Rating and Financial Key Figures

CVR number: 38768115
Østervold 47, 8900 Randers C

Credit rating

Company information

Official name
Trøjborgvej A/S
Established
2017
Company form
Limited company
Industry

About Trøjborgvej A/S

Trøjborgvej A/S (CVR number: 38768115) is a company from RANDERS. The company reported a net sales of -17.7 mDKK in 2023, demonstrating a decline of -1291.5 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -18 mDKK), while net earnings were -18 mDKK. The profitability of the company measured by Return on Assets (ROA) was -39.4 %, which can be considered poor and Return on Equity (ROE) was -40.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Trøjborgvej A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 843.173 539.6612 774.021 488.60-17 737.21
Gross profit2 703.903 266.7112 490.911 172.90-18 008.84
EBIT2 703.903 266.7112 490.911 172.90-18 008.84
Net earnings2 765.633 281.9712 510.621 210.81-17 972.93
Shareholders equity total38 672.9141 954.8853 925.5053 696.3034 283.37
Balance sheet total (assets)40 330.2647 459.0656 471.4055 406.0435 880.71
Net debt- 906.424 688.551 775.851 636.371 442.79
Profitability
EBIT-%95.1 %92.3 %97.8 %78.8 %
ROA8.5 %7.4 %24.0 %2.1 %-39.4 %
ROE9.8 %8.1 %26.1 %2.3 %-40.9 %
ROI9.7 %7.6 %24.3 %2.1 %-39.5 %
Economic value added (EVA)1 825.611 397.3810 193.83-1 550.49-20 724.49
Solvency
Equity ratio95.9 %88.4 %95.5 %96.9 %95.5 %
Gearing12.5 %3.4 %3.1 %4.3 %
Relative net indebtedness %26.4 %139.8 %19.4 %113.1 %-8.7 %
Liquidity
Quick ratio0.60.80.70.50.5
Current ratio0.60.80.70.50.5
Cash and cash equivalents906.42554.6264.7026.0646.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-21.3 %-24.4 %-6.4 %-56.8 %4.6 %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:-39.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member
Board member

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