Torvet 6 Herning A/S

CVR number: 40776133
Torvet 6, 7400 Herning
service@ejmidtjylland.dk
tel: 30200595
ejendomsselskabetmidtjylland.dk

Credit rating

Company information

Official name
Torvet 6 Herning A/S
Established
2019
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About Torvet 6 Herning A/S

Torvet 6 Herning A/S (CVR number: 40776133) is a company from HERNING. The company recorded a gross profit of 5633.8 kDKK in 2023. The operating profit was 5000.9 kDKK, while net earnings were 3007.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 31.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.4 %, 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. Torvet 6 Herning A/S's liquidity measured by quick ratio was 0 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales
Gross profit5 010.705 005.425 247.715 633.85
EBIT4 385.964 373.994 616.275 000.87
Net earnings2 099.612 411.672 645.943 007.25
Shareholders equity total3 099.615 511.288 157.2211 164.46
Balance sheet total (assets)78 291.1777 632.4377 125.0376 368.02
Net debt73 149.2970 350.4066 773.5262 915.49
Profitability
EBIT-%
ROA5.6 %5.6 %6.0 %6.5 %
ROE67.7 %56.0 %38.7 %31.1 %
ROI5.8 %5.8 %6.1 %6.7 %
Economic value added (EVA)3 210.79762.86900.181 143.64
Solvency
Equity ratio35.6 %37.4 %39.4 %39.4 %
Gearing2360.0 %1276.5 %820.1 %563.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.0
Current ratio0.00.0
Cash and cash equivalents120.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAA

Variable visualization

ROA:6.52%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.4%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board
Board member

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