Tørring Antik og Kræmmermarked IVS

CVR number: 38275224
Sønderbrogade 88, 7160 Tørring

Credit rating

Company information

Official name
Tørring Antik og Kræmmermarked IVS
Personnel
1 person
Established
2016
Company form
Entrepreneurial limited company
Industry
  • Expand more icon56Food and beverage service activities

About the company

Tørring Antik og Kræmmermarked IVS (CVR number: 38275224) is a company from HEDENSTED. The company recorded a gross profit of 166.8 kDKK in 2018. The operating profit was 98.7 kDKK, while net earnings were 67.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 85.7 %, which can be considered excellent and Return on Equity (ROE) was 123.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tørring Antik og Kræmmermarked IVS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20172018
Volume
Net sales
Gross profit37.45166.75
EBIT-54.3998.69
Net earnings-50.3067.90
Shareholders equity total-48.3019.60
Balance sheet total (assets)90.3491.56
Net debt17.74-15.27
Profitability
EBIT-%
ROA-39.2 %85.7 %
ROE-55.7 %123.5 %
ROI-256.2 %414.9 %
Economic value added (EVA)-42.6778.78
Solvency
Equity ratio-34.8 %21.4 %
Gearing-43.9 %17.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.9
Current ratio0.40.9
Cash and cash equivalents3.4918.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:85.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.4%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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