THRIGE HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About THRIGE HOLDING A/S
THRIGE HOLDING A/S (CVR number: 26311683) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -286 kDKK, while net earnings were 158.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good and Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THRIGE HOLDING A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | - 200.00 | - 267.00 | - 283.00 | - 243.00 | - 286.00 |
Net earnings | 92 086.00 | 113 562.00 | 128 799.00 | 143 712.00 | 158 384.00 |
Shareholders equity total | 666 113.00 | 714 497.00 | 830 148.00 | 987 404.00 | 1 137 025.00 |
Balance sheet total (assets) | 764 284.00 | 853 730.00 | 986 855.00 | 1 072 860.00 | 1 215 871.00 |
Net debt | 94 581.00 | 139 058.00 | 128 513.00 | 73 564.00 | 78 647.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.4 % | 14.5 % | 14.4 % | 14.1 % | 14.1 % |
ROE | 14.9 % | 16.5 % | 16.7 % | 15.8 % | 14.9 % |
ROI | 13.5 % | 14.5 % | 14.6 % | 14.3 % | 14.2 % |
Economic value added (EVA) | 10 211.25 | 15 501.06 | 14 798.53 | 17 463.07 | 17 952.99 |
Solvency | |||||
Equity ratio | 93.0 % | 89.0 % | 88.7 % | 96.2 % | 97.2 % |
Gearing | 14.2 % | 19.5 % | 16.7 % | 7.5 % | 6.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.2 | 0.9 | 0.8 | 0.8 |
Current ratio | 0.8 | 1.2 | 0.9 | 0.8 | 0.8 |
Cash and cash equivalents | 1.00 | 2.00 | 9 902.00 | 32.00 | 34.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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