Thøgersen & Co Udvikling ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thøgersen & Co Udvikling ApS
Thøgersen & Co Udvikling ApS (CVR number: 40384979) is a company from FAVRSKOV. The company recorded a gross profit of -25.1 kDKK in 2023. The operating profit was -25.1 kDKK, while net earnings were -19.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -107.4 %, which can be considered poor and Return on Equity (ROE) was -125.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.5 %, 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. Thøgersen & Co Udvikling ApS's liquidity measured by quick ratio was 1.6 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 | -10.04 | -6.25 | -6.25 | -7.38 | -25.13 |
EBIT | -10.04 | -6.25 | -6.25 | -7.38 | -25.13 |
Net earnings | -9.04 | -4.78 | -5.09 | -5.92 | -19.43 |
Shareholders equity total | 40.95 | 36.18 | 31.09 | 25.17 | 5.74 |
Balance sheet total (assets) | 45.96 | 41.18 | 36.09 | 30.67 | 15.74 |
Net debt | -44.96 | -39.80 | -33.32 | -26.23 | -5.82 |
Profitability | |||||
EBIT-% | |||||
ROA | -21.9 % | -14.3 % | -16.2 % | -22.1 % | -107.4 % |
ROE | -22.1 % | -12.4 % | -15.1 % | -21.0 % | -125.8 % |
ROI | -24.5 % | -16.2 % | -18.6 % | -26.2 % | -161.2 % |
Economic value added (EVA) | -9.04 | -4.58 | -4.69 | -5.64 | -19.54 |
Solvency | |||||
Equity ratio | 89.1 % | 87.9 % | 86.1 % | 82.1 % | 36.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.2 | 8.2 | 7.2 | 5.6 | 1.6 |
Current ratio | 9.2 | 8.2 | 7.2 | 5.6 | 1.6 |
Cash and cash equivalents | 44.96 | 39.80 | 33.32 | 26.23 | 5.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | BB | BB | BB |
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