THORVALDZEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29627479
Flæsketorvet 68, 1711 København V

Company information

Official name
THORVALDZEN HOLDING ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About THORVALDZEN HOLDING ApS

THORVALDZEN HOLDING ApS (CVR number: 29627479) is a company from KØBENHAVN. The company recorded a gross profit of -337.1 kDKK in 2023. The operating profit was -644.3 kDKK, while net earnings were 3118.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent but Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORVALDZEN HOLDING ApS's liquidity measured by quick ratio was 20.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 211.19- 213.43- 396.35- 313.61- 337.06
EBIT- 529.98- 537.92- 703.16- 620.12- 644.27
Net earnings3 804.142 702.5616 033.23-17 120.173 118.28
Shareholders equity total86 489.8485 692.4097 725.6375 605.4671 723.74
Balance sheet total (assets)87 359.1291 703.7298 212.4675 983.9173 697.45
Net debt-46 085.99-29 843.49-32 157.64-24 847.56-21 946.12
Profitability
EBIT-%
ROA6.1 %6.8 %17.5 %-10.3 %15.4 %
ROE4.4 %3.1 %17.5 %-19.8 %4.2 %
ROI6.1 %6.8 %17.4 %-10.8 %8.4 %
Economic value added (EVA)-1 827.1193.55- 266.68- 660.99-1 012.43
Solvency
Equity ratio99.0 %93.4 %99.5 %99.5 %97.3 %
Gearing0.2 %5.6 %0.2 %0.3 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio62.68.5109.3119.920.7
Current ratio62.68.5109.3119.920.7
Cash and cash equivalents46 267.0934 635.1532 344.5525 074.6722 115.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.3%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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