Thorsager Properties A/S — Credit Rating and Financial Key Figures

CVR number: 38262645
Herstedøstergade 19, 2620 Albertslund
bo@elverdal.dk
tel: 60407054

Company information

Official name
Thorsager Properties A/S
Established
2016
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings8.0745.22-19.840.77
Shareholders equity total497.90505.97551.19531.35532.12
Balance sheet total (assets)504.40514.74569.28537.85542.12
Net debt-0.00- 514.74- 469.25- 237.22- 209.63
Profitability
EBIT-%
ROA2.0 %10.7 %0.5 %-3.5 %
ROE1.6 %8.6 %-3.7 %0.1 %
ROI2.1 %11.0 %0.5 %-3.6 %
Economic value added (EVA)-30.64-30.42-7.36-14.29-36.86
Solvency
Equity ratio98.7 %98.3 %96.8 %98.8 %98.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio77.658.731.582.754.2
Current ratio77.658.731.582.754.2
Cash and cash equivalents0.00514.74469.25237.22209.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-3.53%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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