Credit rating
Company information
About TORBEN ANTONSEN HOLDING ApS
TORBEN ANTONSEN HOLDING ApS (CVR number: 33059450) is a company from HORSENS. The company recorded a gross profit of -4.5 kDKK in 2023. The operating profit was -4.5 kDKK, while net earnings were -299.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.6 %, which can be considered poor and Return on Equity (ROE) was -17.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77 %, 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 ANTONSEN HOLDING ApS's liquidity measured by quick ratio was 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 | 50.90 | 26.67 | -9.16 | -8.04 | -4.46 |
EBIT | 50.90 | 26.67 | -9.16 | -8.04 | -4.46 |
Net earnings | 168.98 | 34.01 | 78.08 | - 232.32 | - 299.74 |
Shareholders equity total | 2 338.37 | 2 261.77 | 2 226.85 | 1 880.13 | 1 462.58 |
Balance sheet total (assets) | 2 843.54 | 2 345.34 | 2 327.49 | 2 029.78 | 1 899.72 |
Net debt | 349.44 | -1 013.53 | - 926.09 | - 784.83 | - 664.04 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.0 % | 2.1 % | 3.7 % | -4.4 % | -14.6 % |
ROE | 7.3 % | 1.5 % | 3.5 % | -11.3 % | -17.9 % |
ROI | 7.1 % | 2.2 % | 3.7 % | -4.4 % | -14.6 % |
Economic value added (EVA) | -65.95 | -59.73 | -15.04 | -11.41 | -3.05 |
Solvency | |||||
Equity ratio | 82.2 % | 96.4 % | 95.7 % | 92.6 % | 77.0 % |
Gearing | 20.3 % | 3.3 % | 3.3 % | 7.4 % | 29.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.4 | 21.1 | 16.6 | 9.8 | 3.0 |
Current ratio | 6.4 | 21.1 | 16.6 | 9.8 | 3.0 |
Cash and cash equivalents | 125.63 | 1 087.10 | 999.66 | 923.36 | 1 091.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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