GL. TORV 2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GL. TORV 2 ApS
GL. TORV 2 ApS (CVR number: 35669698) is a company from SLAGELSE. The company recorded a gross profit of 1032.3 kDKK in 2023. The operating profit was -314.5 kDKK, while net earnings were -293.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23 %, which can be considered poor and Return on Equity (ROE) was -44 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GL. TORV 2 ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 101.28 | 39.13 | 1 212.95 | 1 926.29 | 1 032.28 |
EBIT | - 351.61 | - 362.68 | 613.20 | 520.12 | - 314.51 |
Net earnings | - 327.57 | - 335.12 | 437.11 | 354.28 | - 293.73 |
Shareholders equity total | - 240.01 | - 575.13 | - 138.02 | 216.26 | -77.48 |
Balance sheet total (assets) | 1 926.44 | 690.48 | 1 793.48 | 1 535.04 | 1 118.09 |
Net debt | 1 525.78 | 994.43 | 136.99 | - 274.03 | 187.15 |
Profitability | |||||
EBIT-% | |||||
ROA | -12.8 % | -21.1 % | 38.6 % | 30.0 % | -23.0 % |
ROE | -32.5 % | -25.6 % | 35.2 % | 35.3 % | -44.0 % |
ROI | -14.8 % | -24.9 % | 52.6 % | 46.4 % | -38.0 % |
Economic value added (EVA) | - 258.32 | - 253.56 | 510.56 | 470.99 | - 206.86 |
Solvency | |||||
Equity ratio | -11.1 % | -45.4 % | -7.1 % | 14.1 % | -6.5 % |
Gearing | -778.9 % | -181.6 % | -942.8 % | 334.4 % | -924.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.4 | 0.7 | 0.9 | 0.7 |
Current ratio | 0.8 | 0.4 | 0.8 | 1.0 | 0.8 |
Cash and cash equivalents | 343.63 | 50.22 | 1 164.22 | 997.26 | 528.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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