TORNVIG HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31255066
Industriparken 27, Lind 7400 Herning
lars@tornvigmaskiner.dk
tel: 23998930

Company information

Official name
TORNVIG HOLDING ApS
Established
2008
Domicile
Lind
Company form
Private limited company
Industry

About TORNVIG HOLDING ApS

TORNVIG HOLDING ApS (CVR number: 31255066) is a company from HERNING. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -21.1 kDKK, while net earnings were 5593.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 22.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORNVIG HOLDING ApS's liquidity measured by quick ratio was 4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-5.80-6.85
EBIT-5.80-6.85-13.60- 138.39-21.15
Net earnings3 540.845 349.234 798.965 510.065 593.39
Shareholders equity total25 889.9629 439.1932 438.1622 448.2227 535.37
Balance sheet total (assets)26 849.3930 880.2433 508.9831 896.6033 339.97
Net debt-70.07-19.97-7 015.508 020.964 492.18
Profitability
EBIT-%
ROA14.1 %18.8 %15.2 %18.0 %18.1 %
ROE14.4 %19.3 %15.5 %20.1 %22.4 %
ROI14.7 %19.6 %15.8 %18.4 %18.6 %
Economic value added (EVA)- 417.44- 608.33- 614.99- 779.03-1 175.45
Solvency
Equity ratio96.4 %95.3 %96.8 %70.4 %82.6 %
Gearing0.0 %40.1 %16.3 %
Relative net indebtedness %
Liquidity
Quick ratio17.112.920.44.74.0
Current ratio17.112.920.44.74.0
Cash and cash equivalents70.0723.907 015.50979.047.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:18.1%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.6%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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