JØRGEN THAARUP HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 20003197
Doggerbanke 10, 9850 Hirtshals

Credit rating

Company information

Official name
JØRGEN THAARUP HOLDING A/S
Established
1997
Company form
Limited company
Industry

About JØRGEN THAARUP HOLDING A/S

JØRGEN THAARUP HOLDING A/S (CVR number: 20003197) is a company from HJØRRING. The company recorded a gross profit of -24 kDKK in 2024. The operating profit was -24 kDKK, while net earnings were 465.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JØRGEN THAARUP HOLDING A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5.577.49-2.92-6.85-24.01
EBIT2.874.80-5.62-9.55-24.01
Net earnings166.141 721.83- 200.21- 361.28465.25
Shareholders equity total5 876.497 485.327 170.726 691.647 034.88
Balance sheet total (assets)5 891.757 933.057 170.726 691.647 034.88
Net debt- 604.05-19.52-1 590.00-1 869.35-3 433.33
Profitability
EBIT-%
ROA5.0 %32.1 %6.6 %-5.2 %7.3 %
ROE2.8 %25.8 %-2.7 %-5.2 %6.8 %
ROI5.0 %33.2 %6.8 %-5.2 %7.3 %
Economic value added (EVA)- 290.47- 291.89- 381.69- 369.88- 358.65
Solvency
Equity ratio99.7 %94.4 %100.0 %100.0 %100.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio48.11.4
Current ratio48.11.4
Cash and cash equivalents604.0519.521 590.001 869.353 433.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:7.27%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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