THORUP HOLDING AF 1. SEPTEMBER 2008 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About THORUP HOLDING AF 1. SEPTEMBER 2008 ApS
THORUP HOLDING AF 1. SEPTEMBER 2008 ApS (CVR number: 31622999) is a company from AARHUS. The company reported a net sales of -0 mDKK in 2023, demonstrating a decline of -107.3 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0 mDKK), while net earnings were -11.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.6 %, which can be considered poor and Return on Equity (ROE) was -29.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. THORUP HOLDING AF 1. SEPTEMBER 2008 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 16.20 | 19.28 | 14.60 | 36.30 | -2.63 |
Gross profit | 9.76 | 12.46 | 8.41 | 29.93 | -10.42 |
EBIT | 9.76 | 12.46 | 8.41 | 29.93 | -10.42 |
Net earnings | 6.47 | 8.79 | 4.35 | 28.42 | -11.78 |
Shareholders equity total | 4.35 | 13.14 | 17.49 | 45.91 | 34.13 |
Balance sheet total (assets) | 106.68 | 126.39 | 141.44 | 98.22 | 88.29 |
Net debt | 96.33 | 107.25 | 117.95 | 46.31 | 25.94 |
Profitability | |||||
EBIT-% | 60.3 % | 64.7 % | 57.6 % | 82.4 % | |
ROA | 10.2 % | 11.1 % | 6.6 % | 25.4 % | -10.6 % |
ROE | 13.7 % | 100.5 % | 28.4 % | 89.6 % | -29.4 % |
ROI | 10.9 % | 11.7 % | 6.9 % | 26.7 % | -11.4 % |
Economic value added (EVA) | 15.78 | 19.79 | 13.54 | 35.57 | -8.40 |
Solvency | |||||
Equity ratio | 4.1 % | 10.4 % | 12.4 % | 46.7 % | 38.7 % |
Gearing | 2214.6 % | 816.0 % | 674.4 % | 100.9 % | 141.1 % |
Relative net indebtedness % | 631.7 % | 587.5 % | 849.0 % | 144.1 % | -1213.2 % |
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.1 | 0.2 | 0.6 |
Current ratio | 0.1 | 0.1 | 0.1 | 0.2 | 0.6 |
Cash and cash equivalents | 22.22 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -564.9 % | -529.2 % | -768.9 % | -110.6 % | 732.7 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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