THORSTEN IVERSEN HOLDING, HADSUND ApS — Credit Rating and Financial Key Figures

CVR number: 30911865
Højmarken 9, 9560 Hadsund

Company information

Official name
THORSTEN IVERSEN HOLDING, HADSUND ApS
Established
2007
Company form
Private limited company
Industry

About THORSTEN IVERSEN HOLDING, HADSUND ApS

THORSTEN IVERSEN HOLDING, HADSUND ApS (CVR number: 30911865) is a company from MARIAGERFJORD. The company recorded a gross profit of -13 kDKK in 2022. The operating profit was -13 kDKK, while net earnings were 322.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24 %, which can be considered excellent and Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.1 %, 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. THORSTEN IVERSEN HOLDING, HADSUND ApS's liquidity measured by quick ratio was 2.9 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-12.23-9.81-10.03-10.09-12.95
EBIT-12.23-9.81-10.03-10.09-12.95
Net earnings221.38642.99410.00177.99322.87
Shareholders equity total736.911 271.901 571.291 636.281 844.75
Balance sheet total (assets)1 151.611 784.072 187.021 802.812 331.66
Net debt- 331.06- 508.16-1 244.60-1 448.31-1 058.08
Profitability
EBIT-%
ROA23.5 %48.3 %24.6 %17.1 %24.0 %
ROE32.6 %64.0 %28.8 %11.1 %18.6 %
ROI36.3 %70.5 %34.3 %21.2 %26.8 %
Economic value added (EVA)-19.30-21.70-39.86-17.99-13.32
Solvency
Equity ratio64.0 %71.3 %71.8 %90.8 %79.1 %
Gearing12.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.53.23.310.12.9
Current ratio2.53.23.310.14.5
Cash and cash equivalents331.06508.161 244.601 448.311 284.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:24.0%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.1%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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