Credit rating
Company information
About THANNER HOLDING A/S
THANNER HOLDING A/S (CVR number: 81632219) is a company from ESBJERG. The company recorded a gross profit of 2946.3 kDKK in 2023. The operating profit was -483.8 kDKK, while net earnings were 3016.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. THANNER HOLDING A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 041.43 | 2 978.16 | 3 084.28 | 2 683.72 | 2 946.34 |
EBIT | - 744.23 | - 498.47 | - 312.45 | -1 040.12 | - 483.76 |
Net earnings | -2 720.91 | 81.61 | 3 928.41 | -2 000.35 | 3 016.66 |
Shareholders equity total | 10 012.44 | 10 094.05 | 14 022.45 | 12 022.10 | 15 038.76 |
Balance sheet total (assets) | 18 946.22 | 17 387.74 | 24 308.93 | 19 107.40 | 21 765.86 |
Net debt | 4 296.71 | 4 482.54 | 5 000.34 | 3 962.93 | 926.03 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.0 % | 0.7 % | 19.2 % | -9.5 % | 14.8 % |
ROE | -23.9 % | 0.8 % | 32.6 % | -15.4 % | 22.3 % |
ROI | -9.3 % | 0.7 % | 20.1 % | -10.3 % | 16.6 % |
Economic value added (EVA) | - 950.85 | - 921.87 | - 775.92 | -1 276.39 | -1 080.19 |
Solvency | |||||
Equity ratio | 52.8 % | 58.1 % | 57.7 % | 62.9 % | 69.1 % |
Gearing | 67.1 % | 56.7 % | 59.2 % | 34.5 % | 24.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.5 | 0.8 | 1.3 | 1.3 |
Current ratio | 0.8 | 0.5 | 0.8 | 1.3 | 2.9 |
Cash and cash equivalents | 2 424.45 | 1 238.65 | 3 297.18 | 183.23 | 2 690.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | AA |
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