TORSTED EL OG AUTOMATIK, HORSENS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TORSTED EL OG AUTOMATIK, HORSENS A/S
TORSTED EL OG AUTOMATIK, HORSENS A/S (CVR number: 35815147) is a company from HORSENS. The company recorded a gross profit of 4555.8 kDKK in 2019. The operating profit was -4616.8 kDKK, while net earnings were -3614.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -71.6 %, which can be considered poor and Return on Equity (ROE) was -127.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TORSTED EL OG AUTOMATIK, HORSENS A/S's liquidity measured by quick ratio was 0.6 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 1 401.43 | 983.75 | 6 871.66 | 4 555.81 |
EBIT | 679.38 | 61.35 | 65.37 | -4 616.83 |
Net earnings | 536.41 | 19.54 | 29.88 | -3 614.91 |
Shareholders equity total | 1 874.61 | 1 894.15 | 1 924.03 | -1 690.87 |
Balance sheet total (assets) | 4 823.99 | 7 227.39 | 7 390.57 | 3 739.54 |
Net debt | 968.74 | 1 942.56 | 1 658.40 | 3 761.53 |
Profitability | ||||
EBIT-% | ||||
ROA | 14.6 % | 1.2 % | 1.0 % | -71.6 % |
ROE | 28.6 % | 1.0 % | 1.6 % | -127.7 % |
ROI | 23.2 % | 2.1 % | 1.9 % | -115.9 % |
Economic value added (EVA) | 526.15 | -56.51 | -51.86 | -3 698.96 |
Solvency | ||||
Equity ratio | 38.9 % | 26.2 % | 26.0 % | -31.1 % |
Gearing | 52.4 % | 103.0 % | 86.9 % | -222.8 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.6 | 1.3 | 1.3 | 0.6 |
Current ratio | 1.7 | 1.4 | 1.4 | 0.7 |
Cash and cash equivalents | 13.95 | 7.91 | 14.47 | 5.84 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | BBB | BBB | BB |
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