THERMIT ApS

CVR number: 31063914
Vandværksvej 24, 9800 Hjørring
ih@thermit.dk
tel: 20228579
www.thermit.dk

Credit rating

Company information

Official name
THERMIT ApS
Personnel
5 persons
Established
2007
Company form
Private limited company
Industry
  • Expand more icon26Manufacture of computer, electronic and optical products

About THERMIT ApS

THERMIT ApS (CVR number: 31063914) is a company from HJØRRING. The company recorded a gross profit of 2218.6 kDKK in 2023. The operating profit was 199.3 kDKK, while net earnings were 55.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 14.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. THERMIT ApS's liquidity measured by quick ratio was 0.3 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
20192020202120222023
Volume
Net sales
Gross profit1 614.602 612.702 265.732 161.892 218.59
EBIT111.08477.91501.36573.17199.28
Net earnings49.23311.74402.60414.0755.75
Shareholders equity total- 775.74- 464.00-61.40352.67408.42
Balance sheet total (assets)1 819.472 234.972 296.422 903.512 841.90
Net debt2 001.56354.96315.11914.401 215.80
Profitability
EBIT-%
ROA4.0 %18.1 %19.8 %21.8 %6.9 %
ROE2.5 %15.4 %17.8 %31.3 %14.7 %
ROI5.2 %30.1 %51.0 %39.9 %10.0 %
Economic value added (EVA)152.08434.71499.64541.28191.57
Solvency
Equity ratio11.0 %-19.1 %-2.6 %12.1 %14.4 %
Gearing-258.2 %-171.3 %-521.1 %259.7 %298.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.90.50.50.3
Current ratio0.80.90.70.80.8
Cash and cash equivalents1.29439.844.851.331.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:6.94%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.4%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.413Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.