THORSAGER HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27713165
Egevej 21, 5500 Middelfart

Company information

Official name
THORSAGER HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About THORSAGER HOLDING ApS

THORSAGER HOLDING ApS (CVR number: 27713165) is a company from MIDDELFART. The company recorded a gross profit of -96.7 kDKK in 2023. The operating profit was -96.7 kDKK, while net earnings were 3442.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.3 %, which can be considered excellent and Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORSAGER HOLDING ApS's liquidity measured by quick ratio was 15.3 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-14.38-26.86-86.85-90.50-96.69
EBIT-22.15-34.16-86.85-90.50-96.69
Net earnings1 974.282 082.232 798.932 073.973 442.72
Shareholders equity total11 172.4412 454.6814 453.6015 727.5718 370.29
Balance sheet total (assets)11 744.4013 327.0016 979.9416 322.6119 018.99
Net debt-2 725.97-5 081.94-4 996.05-5 384.20-6 684.11
Profitability
EBIT-%
ROA19.8 %17.9 %20.6 %15.8 %21.3 %
ROE18.7 %17.6 %20.8 %13.7 %20.2 %
ROI20.2 %18.5 %21.7 %16.4 %21.4 %
Economic value added (EVA)- 192.11- 136.90- 102.1845.97-52.00
Solvency
Equity ratio95.1 %93.5 %85.1 %96.4 %96.6 %
Gearing1.2 %3.7 %9.1 %3.5 %3.2 %
Relative net indebtedness %
Liquidity
Quick ratio13.99.53.413.715.3
Current ratio13.99.53.413.715.3
Cash and cash equivalents2 860.285 546.766 307.195 932.867 280.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:21.3%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.6%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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