THORSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 10160464
Limen 3, Erritsø 7000 Fredericia

Credit rating

Company information

Official name
THORSEN HOLDING ApS
Established
2003
Domicile
Erritsø
Company form
Private limited company
Industry

About THORSEN HOLDING ApS

THORSEN HOLDING ApS (CVR number: 10160464) is a company from FREDERICIA. The company recorded a gross profit of -18.8 kDKK in 2023. The operating profit was -18.8 kDKK, while net earnings were -1523.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.5 %, which can be considered poor and Return on Equity (ROE) was -12.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.2 %, 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. THORSEN HOLDING ApS's liquidity measured by quick ratio was 2.4 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-3.70-9.60-34.12-37.50-18.75
EBIT-3.70-9.60-34.12-37.50-18.75
Net earnings1 261.40457.388 852.791 684.73-1 523.24
Shareholders equity total- 145.352 706.5911 446.3812 816.7011 175.67
Balance sheet total (assets)3 030.999 280.1911 953.4013 763.2715 268.78
Net debt1 666.341 717.01- 270.53-17.82- 676.02
Profitability
EBIT-%
ROA43.9 %17.8 %84.3 %12.2 %-10.5 %
ROE55.5 %15.9 %125.1 %13.9 %-12.7 %
ROI44.1 %29.3 %110.0 %12.7 %-12.6 %
Economic value added (EVA)136.27134.56419.40265.96335.89
Solvency
Equity ratio-4.6 %29.2 %95.8 %93.1 %73.2 %
Gearing-1146.4 %63.4 %3.5 %2.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.23.42.12.4
Current ratio0.20.23.42.12.4
Cash and cash equivalents668.2917.82903.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAABBB

Variable visualization

ROA:-10.5%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.2%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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