Thorving Enterprises ApS — Credit Rating and Financial Key Figures

CVR number: 37803189
Skovvangsvej 19, 8200 Aarhus N
esbenb@gmail.com
tel: 31230005

Credit rating

Company information

Official name
Thorving Enterprises ApS
Established
2016
Company form
Private limited company
Industry

About Thorving Enterprises ApS

Thorving Enterprises ApS (CVR number: 37803189) is a company from AARHUS. The company recorded a gross profit of 212.9 kDKK in 2024. The operating profit was 189 kDKK, while net earnings were 147.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.5 %, which can be considered excellent and Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Thorving Enterprises ApS'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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales-30.00-2.0015.00
Gross profit297.0066.00212.86
EBIT297.0066.00174.57189.02
Net earnings151.00-11.008.00142.89147.82
Shareholders equity total815.00747.00705.00788.79816.13
Balance sheet total (assets)893.00773.00732.00876.32884.03
Net debt- 204.00-80.0022.00- 126.9521.21
Profitability
EBIT-%440.0 %
ROA37.4 %9.6 %24.0 %21.5 %
ROE19.7 %-1.4 %1.1 %19.1 %18.4 %
ROI38.9 %9.6 %25.0 %23.0 %
Economic value added (EVA)182.13-41.9614.2696.04106.73
Solvency
Equity ratio91.3 %96.6 %96.3 %90.0 %92.3 %
Gearing2.5 %2.7 %3.3 %2.7 %2.6 %
Relative net indebtedness %486.7 %3700.0 %173.3 %
Liquidity
Quick ratio6.716.312.85.85.3
Current ratio6.716.312.85.85.3
Cash and cash equivalents224.00100.001.00148.17
Capital use efficiency
Trade debtors turnover (days)-1 642.573.0
Net working capital %-1493.3 %-19850.0 %2126.7 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:21.5%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.3%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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