Mn Thorsted Holding ApS — Credit Rating and Financial Key Figures

CVR number: 42341509
Rugmarken 5, 6690 Gørding

Credit rating

Company information

Official name
Mn Thorsted Holding ApS
Established
2021
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Mn Thorsted Holding ApS

Mn Thorsted Holding ApS (CVR number: 42341509) is a company from ESBJERG. The company recorded a gross profit of 249.3 kDKK in 2023. The operating profit was 149.3 kDKK, while net earnings were 773.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 67.2 %, which can be considered excellent and Return on Equity (ROE) was 82.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. Mn Thorsted Holding ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit-9.70-4.87249.26
EBIT-9.70-4.87149.26
Net earnings296.91386.21773.76
Shareholders equity total336.91608.721 264.68
Balance sheet total (assets)881.66612.471 940.33
Net debt536.98- 607.81635.71
Profitability
EBIT-%
ROA34.9 %52.7 %67.2 %
ROE88.1 %81.7 %82.6 %
ROI35.1 %52.9 %68.3 %
Economic value added (EVA)-9.70-5.92118.69
Solvency
Equity ratio38.2 %99.4 %65.2 %
Gearing160.6 %50.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.0162.10.3
Current ratio0.0162.10.3
Cash and cash equivalents4.02607.810.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:67.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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