Tornhøjvej ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tornhøjvej ApS
Tornhøjvej ApS (CVR number: 38602446) is a company from AALBORG. The company recorded a gross profit of -27.4 kDKK in 2023. The operating profit was -92 kDKK, while net earnings were 1639.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tornhøjvej ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 203.81 | 109.53 | - 262.50 | -16.36 | -27.39 |
EBIT | - 224.57 | 60.70 | - 314.89 | -71.23 | -91.97 |
Net earnings | -2 216.93 | -3 544.87 | 3 881.21 | 12 214.40 | 1 639.48 |
Shareholders equity total | -2 861.11 | -6 405.98 | -2 524.77 | 9 689.63 | 11 329.11 |
Balance sheet total (assets) | 136 486.45 | 29 805.88 | 19 956.92 | 32 689.24 | 35 503.65 |
Net debt | 102 415.33 | 34 041.18 | 21 900.04 | 22 694.38 | 23 896.80 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.7 % | -1.9 % | 14.7 % | 46.1 % | 8.0 % |
ROE | -2.2 % | -4.3 % | 15.6 % | 82.4 % | 15.6 % |
ROI | -0.7 % | -2.0 % | 15.1 % | 46.8 % | 8.1 % |
Economic value added (EVA) | - 278.10 | 44.53 | 475.46 | 114.58 | 711.26 |
Solvency | |||||
Equity ratio | -2.1 % | -17.7 % | -11.2 % | 29.6 % | 31.9 % |
Gearing | -3580.5 % | -548.6 % | -867.4 % | 234.4 % | 211.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.6 | 0.8 | 0.8 | 0.8 |
Current ratio | 1.1 | 0.6 | 0.8 | 0.8 | 0.8 |
Cash and cash equivalents | 26.92 | 1 100.28 | 17.99 | 34.79 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
Variable visualization
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