Torben Sørensens Eftf. IVS

CVR number: 37352888
Bajstrupvej 1, Bjerndrup 6200 Aabenraa

Credit rating

Company information

Official name
Torben Sørensens Eftf. IVS
Established
2016
Domicile
Bjerndrup
Company form
Entrepreneurial limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About Torben Sørensens Eftf. IVS

Torben Sørensens Eftf. IVS (CVR number: 37352888) is a company from AABENRAA. The company reported a net sales of -0 mDKK in 2018, demonstrating a decline of -101.8 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -67.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.8 %, which can be considered poor and Return on Equity (ROE) was -34 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 82.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Torben Sørensens Eftf. IVS's liquidity measured by quick ratio was 4.8 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
201620172018
Volume
Net sales834.12709.36-12.73
Gross profit656.44469.53-32.45
EBIT152.71132.23-65.17
Net earnings118.94111.11-67.35
Shareholders equity total118.94233.22162.69
Balance sheet total (assets)169.95271.22198.06
Net debt- 104.44-68.18-27.35
Profitability
EBIT-%18.3 %18.6 %
ROA89.9 %64.8 %-27.8 %
ROE100.0 %63.1 %-34.0 %
ROI1966.6 %142.2 %-36.9 %
Economic value added (EVA)119.1197.83-76.59
Solvency
Equity ratio37.9 %86.0 %82.1 %
Gearing-75.8 %-17.2 %-1.4 %
Relative net indebtedness %6.9 %1.4 %-80.9 %
Liquidity
Quick ratio2.26.24.8
Current ratio2.26.24.8
Cash and cash equivalents14.3028.0725.07
Capital use efficiency
Trade debtors turnover (days)18.516.6
Net working capital %10.3 %27.8 %-1066.7 %
Credit risk
Credit ratingCBC

Variable visualization

ROA:-27.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.1%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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