Torben Thorsen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 36923830
Fabriksvej 15, 9640 Farsø
Torben@thorsen-teknik.dk
tel: 23677723

Company information

Official name
Torben Thorsen Holding ApS
Established
2015
Company form
Private limited company
Industry

About Torben Thorsen Holding ApS

Torben Thorsen Holding ApS (CVR number: 36923830) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 632.7 kDKK in 2023. The operating profit was 400.4 kDKK, while net earnings were 643.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Torben Thorsen Holding ApS's liquidity measured by quick ratio was 2.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.85295.78535.64640.07632.66
EBIT-8.85130.60310.02407.79400.38
Net earnings854.04593.581 151.32857.52643.77
Shareholders equity total4 294.894 777.875 803.156 562.427 096.47
Balance sheet total (assets)4 302.398 587.0810 552.859 820.7410 056.50
Net debt-1 196.442 850.293 378.311 658.531 986.67
Profitability
EBIT-%
ROA22.1 %10.4 %14.0 %10.0 %7.9 %
ROE21.8 %13.1 %21.8 %13.9 %9.4 %
ROI22.1 %10.5 %14.5 %10.8 %8.4 %
Economic value added (EVA)10.58149.93133.87273.03196.18
Solvency
Equity ratio99.8 %55.6 %55.0 %66.8 %70.6 %
Gearing71.2 %65.5 %32.2 %29.7 %
Relative net indebtedness %
Liquidity
Quick ratio287.41.10.92.12.1
Current ratio287.41.10.92.12.1
Cash and cash equivalents1 196.44551.59424.35457.08118.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:7.86%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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