Torben Flinch Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Torben Flinch Holding ApS
Torben Flinch Holding ApS (CVR number: 40544380) is a company from LEJRE. The company recorded a gross profit of -7.1 kDKK in 2023. The operating profit was -7.1 kDKK, while net earnings were 22.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Torben Flinch Holding ApS's liquidity measured by quick ratio was 3.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.41 | -7.29 | -0.42 | -7.29 | -7.13 |
EBIT | -5.41 | -7.29 | -0.42 | -7.29 | -7.13 |
Net earnings | -6.07 | -8.60 | 28.40 | 67.17 | 22.49 |
Shareholders equity total | 33.93 | 25.33 | 53.73 | 120.90 | 143.39 |
Balance sheet total (assets) | 60.96 | 60.29 | 89.31 | 163.36 | 192.97 |
Net debt | -10.43 | -1.83 | -30.23 | -22.40 | - 119.89 |
Profitability | |||||
EBIT-% | |||||
ROA | -8.9 % | -12.0 % | 39.5 % | 53.6 % | 12.8 % |
ROE | -17.9 % | -29.0 % | 71.8 % | 76.9 % | 17.0 % |
ROI | -9.5 % | -12.9 % | 41.8 % | 55.3 % | 13.1 % |
Economic value added (EVA) | -5.41 | -5.94 | 1.34 | -5.51 | -8.76 |
Solvency | |||||
Equity ratio | 55.7 % | 42.0 % | 60.2 % | 74.0 % | 74.3 % |
Gearing | 67.9 % | 122.2 % | 58.8 % | 31.8 % | 31.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 0.9 | 1.7 | 3.2 | 3.3 |
Current ratio | 1.2 | 0.9 | 1.7 | 3.2 | 3.3 |
Cash and cash equivalents | 33.46 | 32.79 | 61.81 | 60.86 | 165.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
Variable visualization
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