TORBEN FREDERIKSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35661980
Bådvej 18, 5240 Odense NØ

Company information

Official name
TORBEN FREDERIKSEN HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About TORBEN FREDERIKSEN HOLDING ApS

TORBEN FREDERIKSEN HOLDING ApS (CVR number: 35661980) is a company from ODENSE. The company recorded a gross profit of -6.2 kDKK in 2019, demonstrating a growth of 68.8 % compared to the previous year. The operating profit was -6.2 kDKK, while net earnings were -6.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORBEN FREDERIKSEN HOLDING ApS's liquidity measured by quick ratio was 24.7 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales2.0070.00-14.00
Gross profit-4.0062.00-20.00-6.25
EBIT-4.0062.00-20.00-6.25
Net earnings-9.0062.00-20.00-6.25
Shareholders equity total247.00228.00208.00141.99
Balance sheet total (assets)393.00234.00214.00147.99
Net debt- 188.00- 234.00- 214.00- 147.99
Profitability
EBIT-%-200.0 %88.6 %
ROA-1.0 %19.8 %-8.9 %-3.5 %
ROE-3.6 %26.1 %-9.2 %-3.6 %
ROI-1.0 %20.2 %-9.2 %-3.6 %
Economic value added (EVA)-4.0069.34-19.70-5.95
Solvency
Equity ratio62.8 %97.4 %97.2 %95.9 %
Gearing56.7 %
Relative net indebtedness %-9100.0 %-325.7 %1485.7 %
Liquidity
Quick ratio2.239.035.724.7
Current ratio2.239.035.724.7
Cash and cash equivalents328.00234.00214.00147.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %9100.0 %325.7 %-1485.7 %
Credit risk
Credit ratingBBBBBC

Variable visualization

ROA:-3.45%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.9%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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