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ERIK TORNØE & CO. ENTREPRENØRFIRMA ApS — Credit Rating and Financial Key Figures

CVR number: 31274931
Fangelvej 186, Fangel 5260 Odense S
erikknudsen@mail.dk
tel: 40550158
Free credit report Annual report

Credit rating

Company information

Official name
ERIK TORNØE & CO. ENTREPRENØRFIRMA ApS
Personnel
1 person
Established
2008
Domicile
Fangel
Company form
Private limited company
Industry

About ERIK TORNØE & CO. ENTREPRENØRFIRMA ApS

ERIK TORNØE & CO. ENTREPRENØRFIRMA ApS (CVR number: 31274931) is a company from ODENSE. The company recorded a gross profit of 332.5 kDKK in 2024. The operating profit was -27.5 kDKK, while net earnings were -27.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -10.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.9 %, 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. ERIK TORNØE & CO. ENTREPRENØRFIRMA ApS's liquidity measured by quick ratio was 1.7 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 profit377.06311.79276.98415.30332.52
EBIT7.88-57.69- 105.8746.03-27.47
Net earnings4.64-46.77-83.4831.78-27.10
Shareholders equity total369.40322.63239.15270.93243.83
Balance sheet total (assets)568.53505.14462.44441.54444.42
Net debt- 100.45-24.60-73.09- 116.97-9.11
Profitability
EBIT-%
ROA1.4 %-10.7 %-21.9 %10.2 %-6.2 %
ROE1.3 %-13.5 %-29.7 %12.5 %-10.5 %
ROI1.7 %-12.6 %-26.7 %12.4 %-7.4 %
Economic value added (EVA)-17.41-69.15- 104.4417.93-40.68
Solvency
Equity ratio65.0 %63.9 %51.7 %61.4 %54.9 %
Gearing28.8 %34.9 %49.6 %41.4 %48.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.71.51.81.7
Current ratio1.81.71.51.81.7
Cash and cash equivalents206.99137.14191.63229.15127.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-6.20%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.9%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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