Thermia Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 40874690
Sjællandsgade 44, 7100 Vejle

Credit rating

Company information

Official name
Thermia Danmark A/S
Personnel
6 persons
Established
2019
Company form
Limited company
Industry
  • Expand more icon468400

About Thermia Danmark A/S

Thermia Danmark A/S (CVR number: 40874690) is a company from VEJLE. The company recorded a gross profit of 7115.8 kDKK in 2023. The operating profit was 3546.3 kDKK, while net earnings were 2813 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 27.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Thermia Danmark A/S's liquidity measured by quick ratio was 5.3 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
2020
2021
2022
2023
Volume
Net sales
Gross profit3 290.533 788.729 116.427 115.83
EBIT2 412.742 066.076 521.173 546.35
Net earnings1 868.181 585.805 046.012 812.97
Shareholders equity total2 268.183 853.998 900.0011 712.96
Balance sheet total (assets)10 300.1323 314.8430 125.5220 213.58
Net debt-1 263.701 457.75-6 056.43-11 630.32
Profitability
EBIT-%
ROA23.4 %12.3 %24.5 %14.4 %
ROE82.4 %51.8 %79.1 %27.3 %
ROI43.3 %17.3 %32.0 %17.8 %
Economic value added (EVA)1 875.071 636.575 380.543 057.00
Solvency
Equity ratio22.0 %16.5 %29.5 %57.9 %
Gearing68.3 %293.8 %97.9 %16.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.41.85.3
Current ratio1.61.41.85.3
Cash and cash equivalents2 811.809 866.9214 768.3613 593.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.9%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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