Thorsager Properties A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thorsager Properties A/S
Thorsager Properties A/S (CVR number: 38262645) is a company from ALBERTSLUND. The company recorded a gross profit of -31.1 kDKK in 2023. The operating profit was -31.1 kDKK, while net earnings were 0.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor but Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Thorsager Properties A/S's liquidity measured by quick ratio was 54.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.63 | -6.91 | -10.00 | -10.18 | -31.10 |
EBIT | -5.63 | -6.91 | -10.00 | -10.18 | -31.10 |
Net earnings | 8.07 | 45.22 | -19.84 | 0.77 | |
Shareholders equity total | 497.90 | 505.97 | 551.19 | 531.35 | 532.12 |
Balance sheet total (assets) | 504.40 | 514.74 | 569.28 | 537.85 | 542.12 |
Net debt | -0.00 | - 514.74 | - 469.25 | - 237.22 | - 209.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.0 % | 10.7 % | 0.5 % | -3.5 % | |
ROE | 1.6 % | 8.6 % | -3.7 % | 0.1 % | |
ROI | 2.1 % | 11.0 % | 0.5 % | -3.6 % | |
Economic value added (EVA) | -30.64 | -30.42 | -7.36 | -14.29 | -36.86 |
Solvency | |||||
Equity ratio | 98.7 % | 98.3 % | 96.8 % | 98.8 % | 98.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 77.6 | 58.7 | 31.5 | 82.7 | 54.2 |
Current ratio | 77.6 | 58.7 | 31.5 | 82.7 | 54.2 |
Cash and cash equivalents | 0.00 | 514.74 | 469.25 | 237.22 | 209.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | B |
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