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 -11.4 kDKK in 2024. The operating profit was -11.4 kDKK, while net earnings were -4.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.1 %, 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 53.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.91 | -10.00 | -10.18 | -31.10 | -11.40 |
EBIT | -6.91 | -10.00 | -10.18 | -31.10 | -11.40 |
Net earnings | 8.07 | 45.22 | -19.84 | 0.77 | -4.81 |
Shareholders equity total | 505.97 | 551.19 | 531.35 | 532.12 | 527.31 |
Balance sheet total (assets) | 514.74 | 569.28 | 537.85 | 542.12 | 537.31 |
Net debt | - 514.74 | - 469.25 | - 237.22 | - 209.63 | -10.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.0 % | 10.7 % | 0.5 % | -3.5 % | -1.1 % |
ROE | 1.6 % | 8.6 % | -3.7 % | 0.1 % | -0.9 % |
ROI | 2.1 % | 11.0 % | 0.5 % | -3.6 % | -1.2 % |
Economic value added (EVA) | -30.42 | -33.23 | -37.87 | -48.78 | -35.63 |
Solvency | |||||
Equity ratio | 98.3 % | 96.8 % | 98.8 % | 98.2 % | 98.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 58.7 | 31.5 | 82.7 | 54.2 | 53.7 |
Current ratio | 58.7 | 31.5 | 82.7 | 54.2 | 53.7 |
Cash and cash equivalents | 514.74 | 469.25 | 237.22 | 209.63 | 10.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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