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THANNER HOLDING A/S — Credit Rating and Financial Key Figures
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 2650.5 kDKK in 2024. The operating profit was -618.4 kDKK, while net earnings were -1444 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.1 %, which can be considered poor and Return on Equity (ROE) was -10.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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 1.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 978.16 | 3 084.28 | 2 683.72 | 2 946.34 | 2 650.51 |
| EBIT | - 498.47 | - 312.45 | -1 040.12 | - 483.76 | - 618.42 |
| Net earnings | 81.61 | 3 928.41 | -2 000.35 | 3 016.66 | -1 444.03 |
| Shareholders equity total | 10 094.05 | 14 022.45 | 12 022.10 | 15 038.76 | 13 094.74 |
| Balance sheet total (assets) | 17 387.74 | 24 308.93 | 19 107.40 | 21 765.86 | 19 152.04 |
| Net debt | 4 482.54 | 5 000.34 | 3 962.93 | 926.03 | 2 791.53 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.7 % | 19.2 % | -9.5 % | 14.8 % | -7.1 % |
| ROE | 0.8 % | 32.6 % | -15.4 % | 22.3 % | -10.3 % |
| ROI | 0.7 % | 20.1 % | -10.3 % | 16.6 % | -7.9 % |
| Economic value added (EVA) | -1 280.81 | -1 065.41 | -2 016.42 | -1 228.07 | -1 465.94 |
| Solvency | |||||
| Equity ratio | 58.1 % | 57.7 % | 62.9 % | 69.1 % | 68.4 % |
| Gearing | 56.7 % | 59.2 % | 34.5 % | 24.0 % | 24.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.8 | 1.3 | 1.3 | 1.4 |
| Current ratio | 0.5 | 0.8 | 1.3 | 2.9 | 3.2 |
| Cash and cash equivalents | 1 238.65 | 3 297.18 | 183.23 | 2 690.09 | 412.26 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BBB | BBB |
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