THORSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 1 261.40 | 457.38 | 8 852.79 | 1 684.73 | -1 523.24 |
Shareholders equity total | - 145.35 | 2 706.59 | 11 446.38 | 12 816.70 | 11 175.67 |
Balance sheet total (assets) | 3 030.99 | 9 280.19 | 11 953.40 | 13 763.27 | 15 268.78 |
Net debt | 1 666.34 | 1 717.01 | - 270.53 | -17.82 | - 676.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 43.9 % | 17.8 % | 84.3 % | 12.2 % | -10.5 % |
ROE | 55.5 % | 15.9 % | 125.1 % | 13.9 % | -12.7 % |
ROI | 44.1 % | 29.3 % | 110.0 % | 12.7 % | -12.6 % |
Economic value added (EVA) | 136.27 | 134.56 | 419.40 | 265.96 | 335.89 |
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 ratio | 0.2 | 0.2 | 3.4 | 2.1 | 2.4 |
Current ratio | 0.2 | 0.2 | 3.4 | 2.1 | 2.4 |
Cash and cash equivalents | 668.29 | 17.82 | 903.48 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | AA | BBB |
Variable visualization
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