THORUP RASMUSSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29183155
Fælledvej 12, 8700 Horsens

Company information

Official name
THORUP RASMUSSEN HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About THORUP RASMUSSEN HOLDING ApS

THORUP RASMUSSEN HOLDING ApS (CVR number: 29183155) is a company from HORSENS. The company recorded a gross profit of -70.5 kDKK in 2024. The operating profit was -170.5 kDKK, while net earnings were 192.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORUP RASMUSSEN HOLDING ApS's liquidity measured by quick ratio was 637.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit149.57-37.61-55.13-88.85-70.47
EBIT49.57- 137.61-55.13- 188.85- 170.47
Net earnings2 568.29559.15942.41462.46192.47
Shareholders equity total10 149.8510 652.5011 194.9111 092.1711 164.94
Balance sheet total (assets)10 468.4210 693.9911 207.1011 104.1711 176.94
Net debt-6 019.98-6 783.99-6 850.95-6 853.86-7 006.18
Profitability
EBIT-%
ROA30.0 %7.1 %18.7 %4.4 %5.0 %
ROE28.0 %5.4 %8.6 %4.2 %1.7 %
ROI30.7 %7.2 %18.8 %4.4 %1.9 %
Economic value added (EVA)- 421.65- 607.74- 590.42- 714.96- 727.85
Solvency
Equity ratio97.0 %99.6 %99.9 %99.9 %99.9 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio19.2163.5616.1617.0637.2
Current ratio19.2163.5616.1617.0637.2
Cash and cash equivalents6 020.016 783.996 850.956 853.867 006.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.96%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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