Thorns Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40575162
Krogagre 89, 8240 Risskov
thorn250183@gmail.com
tel: 22315183

Company information

Official name
Thorns Holding ApS
Established
2019
Company form
Private limited company
Industry

About Thorns Holding ApS

Thorns Holding ApS (CVR number: 40575162) is a company from AARHUS. The company recorded a gross profit of -0.1 kDKK in 2024. The operating profit was -0.1 kDKK, while net earnings were 49 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.7 %, which can be considered excellent and Return on Equity (ROE) was 57.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.6 %, 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. Thorns Holding ApS's liquidity measured by quick ratio was 1.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-0.07-0.03-0.05
EBIT-0.07-0.03-0.05
Net earnings-0.15-0.16-6.2186.3349.01
Shareholders equity total39.1338.9732.7560.18109.19
Balance sheet total (assets)39.1338.9732.75250.18269.19
Net debt-24.13-23.97-32.75- 250.18- 269.19
Profitability
EBIT-%
ROA-16.9 %61.0 %25.7 %
ROE-0.4 %-0.4 %-17.3 %185.8 %57.9 %
ROI-16.9 %185.8 %78.9 %
Economic value added (EVA)-1.97-1.97-2.03-1.67-3.07
Solvency
Equity ratio100.0 %100.0 %100.0 %24.1 %40.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.31.7
Current ratio1.31.7
Cash and cash equivalents24.1323.9732.75250.18269.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:25.7%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.6%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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