Torslunde Byg ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Torslunde Byg ApS
Torslunde Byg ApS (CVR number: 37848085) is a company from GREVE. The company reported a net sales of 2.1 mDKK in 2019, demonstrating a growth of 1817.2 % compared to the previous year. The operating profit percentage was at 29.5 % (EBIT: 0.6 mDKK), while net earnings were 465.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.9 %, which can be considered excellent and Return on Equity (ROE) was 124.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28 %, 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. Torslunde Byg ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | |
|---|---|---|---|
| Volume | |||
| Net sales | 109.80 | 2 105.14 | |
| Gross profit | 346.55 | 109.80 | 2 105.14 |
| EBIT | 61.63 | 48.80 | 620.64 |
| Net earnings | 41.54 | 48.99 | 465.21 |
| Shareholders equity total | 91.54 | 140.52 | 605.74 |
| Balance sheet total (assets) | 186.57 | 183.37 | 2 165.20 |
| Net debt | 7.33 | -33.12 | - 306.88 |
| Profitability | |||
| EBIT-% | 44.4 % | 29.5 % | |
| ROA | 33.0 % | 26.4 % | 52.9 % |
| ROE | 45.4 % | 42.2 % | 124.7 % |
| ROI | 46.7 % | 35.8 % | 166.3 % |
| Economic value added (EVA) | 46.45 | 48.14 | 469.67 |
| Solvency | |||
| Equity ratio | 49.1 % | 76.6 % | 28.0 % |
| Gearing | 44.2 % | ||
| Relative net indebtedness % | 8.9 % | 59.5 % | |
| Liquidity | |||
| Quick ratio | 0.5 | 2.4 | 1.3 |
| Current ratio | 1.8 | 4.1 | 1.3 |
| Cash and cash equivalents | 33.12 | 33.12 | 306.88 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | 228.5 | ||
| Net working capital % | 119.8 % | 24.7 % | |
| Credit risk | |||
| Credit rating | BB | BB | BB |
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