TØRRING AUTO A/S — Credit Rating and Financial Key Figures

CVR number: 16231991
Torvegade 155 A, 7160 Tørring
salg@kvalitetsbiler.dk
tel: 75801048
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Company information

Official name
TØRRING AUTO A/S
Personnel
75 persons
Established
1992
Company form
Limited company
Industry

About TØRRING AUTO A/S

TØRRING AUTO A/S (CVR number: 16231991) is a company from HEDENSTED. The company recorded a gross profit of 36.7 mDKK in 2024. The operating profit was 11.1 mDKK, while net earnings were 5118.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 33.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TØRRING AUTO A/S's liquidity measured by quick ratio was 0.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit21 117.3121 031.2024 463.0319 719.4436 706.48
EBIT2 419.573 360.956 419.54-2 550.1211 111.17
Net earnings-5 144.025 118.24
Shareholders equity total12 852.5214 415.5517 706.9212 562.8917 681.13
Balance sheet total (assets)63 189.6480 569.1377 791.3495 780.84125 733.16
Net debt6 729.3639 078.5528 335.9565 761.7583 222.44
Profitability
EBIT-%
ROA3.8 %4.9 %8.4 %-2.8 %10.2 %
ROE-34.0 %33.8 %
ROI6.6 %9.2 %13.1 %-3.8 %12.3 %
Economic value added (EVA)-1 438.941 321.981 845.00-4 318.894 716.83
Solvency
Equity ratio20.3 %17.9 %22.8 %13.1 %14.2 %
Gearing61.3 %272.0 %162.4 %525.7 %490.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.50.40.7
Current ratio1.41.31.41.21.2
Cash and cash equivalents1 149.83137.25416.52281.893 553.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.2%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board

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