Tornhøjvej ApS — Credit Rating and Financial Key Figures

CVR number: 38602446
Rømersvej 3, 9000 Aalborg
kontakt@citybyg.com
tel: 98137999

Company information

Official name
Tornhøjvej ApS
Established
2017
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 203.81109.53- 262.50-16.36-27.39
EBIT- 224.5760.70- 314.89-71.23-91.97
Net earnings-2 216.93-3 544.873 881.2112 214.401 639.48
Shareholders equity total-2 861.11-6 405.98-2 524.779 689.6311 329.11
Balance sheet total (assets)136 486.4529 805.8819 956.9232 689.2435 503.65
Net debt102 415.3334 041.1821 900.0422 694.3823 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)- 278.1044.53475.46114.58711.26
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 ratio1.10.60.80.80.8
Current ratio1.10.60.80.80.8
Cash and cash equivalents26.921 100.2817.9934.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:8.00%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.9%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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