Torvet 6 Herning A/S — Credit Rating and Financial Key Figures

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 5628.8 kDKK in 2024. The operating profit was 4995.8 kDKK, while net earnings were 3058.6 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 24.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Torvet 6 Herning A/S's liquidity measured by quick ratio was 0.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 010.705 005.425 247.715 633.855 628.76
EBIT4 385.964 373.994 616.275 000.874 995.78
Net earnings2 099.612 411.672 645.943 007.253 058.59
Shareholders equity total3 099.615 511.288 157.2211 164.4614 223.05
Balance sheet total (assets)78 291.1777 632.4377 125.0376 368.0276 236.40
Net debt73 149.2970 350.4066 773.5262 915.4959 310.46
Profitability
EBIT-%
ROA5.6 %5.6 %6.0 %6.5 %6.5 %
ROE67.7 %56.0 %38.7 %31.1 %24.1 %
ROI5.8 %5.8 %6.1 %6.7 %6.7 %
Economic value added (EVA)3 210.79762.86900.181 143.641 048.82
Solvency
Equity ratio35.6 %37.4 %39.4 %39.4 %41.8 %
Gearing2360.0 %1276.5 %820.1 %563.5 %420.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.1
Current ratio0.00.00.1
Cash and cash equivalents120.79501.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:6.55%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.8%
Rating: 34/100
-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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