TORNVIG HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 earnings | 3 540.84 | 5 349.23 | 4 798.96 | 5 510.06 | 5 593.39 |
Shareholders equity total | 25 889.96 | 29 439.19 | 32 438.16 | 22 448.22 | 27 535.37 |
Balance sheet total (assets) | 26 849.39 | 30 880.24 | 33 508.98 | 31 896.60 | 33 339.97 |
Net debt | -70.07 | -19.97 | -7 015.50 | 8 020.96 | 4 492.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.1 % | 18.8 % | 15.2 % | 18.0 % | 18.1 % |
ROE | 14.4 % | 19.3 % | 15.5 % | 20.1 % | 22.4 % |
ROI | 14.7 % | 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 ratio | 96.4 % | 95.3 % | 96.8 % | 70.4 % | 82.6 % |
Gearing | 0.0 % | 40.1 % | 16.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 17.1 | 12.9 | 20.4 | 4.7 | 4.0 |
Current ratio | 17.1 | 12.9 | 20.4 | 4.7 | 4.0 |
Cash and cash equivalents | 70.07 | 23.90 | 7 015.50 | 979.04 | 7.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AA | AA | AA | AA |
Variable visualization
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