THORSTEIN HOLDING AF 2012 ApS — Credit Rating and Financial Key Figures

CVR number: 34230382
Strandengen 68, 7130 Juelsminde

Company information

Official name
THORSTEIN HOLDING AF 2012 ApS
Established
2012
Company form
Private limited company
Industry

About THORSTEIN HOLDING AF 2012 ApS

THORSTEIN HOLDING AF 2012 ApS (CVR number: 34230382) is a company from HEDENSTED. The company reported a net sales of 1.2 mDKK in 2024, demonstrating a growth of 44.5 % compared to the previous year. The operating profit percentage was at 98.3 % (EBIT: 1.2 mDKK), while net earnings were 1391.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.5 %, which can be considered excellent and Return on Equity (ROE) was 27.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORSTEIN HOLDING AF 2012 ApS's liquidity measured by quick ratio was 68.6 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
2020
2021
2022
2023
2024
Volume
Net sales293.32719.051 128.71856.991 238.14
Gross profit289.18714.051 122.22840.591 217.13
EBIT289.18699.011 122.22840.591 217.13
Net earnings295.42716.751 135.51673.051 391.33
Shareholders equity total2 172.352 739.093 817.114 431.265 761.58
Balance sheet total (assets)2 455.023 028.014 311.524 604.186 169.58
Net debt- 357.80- 574.21-1 863.20-2 950.96-3 929.61
Profitability
EBIT-%98.6 %97.2 %99.4 %98.1 %98.3 %
ROA11.6 %26.5 %31.2 %19.5 %27.5 %
ROE12.3 %29.2 %34.6 %16.3 %27.3 %
ROI12.6 %29.3 %34.3 %20.7 %28.7 %
Economic value added (EVA)338.24719.941 147.93884.361 208.93
Solvency
Equity ratio88.5 %90.5 %88.5 %96.2 %93.4 %
Gearing2.2 %1.8 %2.3 %1.2 %1.0 %
Relative net indebtedness %-42.0 %-46.6 %-129.1 %-330.3 %-288.8 %
Liquidity
Quick ratio5.318.918.856.168.6
Current ratio5.318.918.856.168.6
Cash and cash equivalents405.72624.051 951.383 003.603 984.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %327.9 %207.0 %239.2 %343.9 %155.5 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:27.5%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.4%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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