KØBMAND TORBEN IVERSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29793816
Gl Kongevej 62, 7442 Engesvang

Credit rating

Company information

Official name
KØBMAND TORBEN IVERSEN HOLDING ApS
Established
2006
Company form
Private limited company
Industry
  • Expand more icon642120

About KØBMAND TORBEN IVERSEN HOLDING ApS

KØBMAND TORBEN IVERSEN HOLDING ApS (CVR number: 29793816) is a company from IKAST-BRANDE. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a growth of 58.1 % compared to the previous year. The operating profit percentage was at 92.6 % (EBIT: 0.6 mDKK), while net earnings were 700.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.5 %, which can be considered excellent and Return on Equity (ROE) was 33.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.5 %, 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. KØBMAND TORBEN IVERSEN HOLDING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales117.21304.37287.93390.29617.02
Gross profit107.40294.95278.25380.75580.43
EBIT107.40294.95278.25380.75571.54
Net earnings42.95324.59374.15282.11700.22
Shareholders equity total944.711 269.301 643.451 811.162 411.38
Balance sheet total (assets)1 400.651 725.722 414.792 536.644 508.81
Net debt119.6764.78- 420.21- 474.40761.51
Profitability
EBIT-%91.6 %96.9 %96.6 %97.6 %92.6 %
ROA8.3 %21.5 %19.3 %16.3 %21.5 %
ROE4.7 %29.3 %25.7 %16.3 %33.2 %
ROI8.4 %21.6 %19.8 %17.3 %22.9 %
Economic value added (EVA)61.33284.01269.41478.04608.15
Solvency
Equity ratio67.4 %73.6 %68.1 %71.4 %53.5 %
Gearing47.3 %35.2 %40.8 %30.4 %76.0 %
Relative net indebtedness %109.8 %24.4 %-111.1 %-76.6 %165.5 %
Liquidity
Quick ratio2.42.52.22.30.9
Current ratio2.42.52.22.30.9
Cash and cash equivalents327.28382.161 091.101 024.431 071.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %366.4 %137.1 %-38.8 %8.8 %-177.4 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:21.5%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.5%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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