Thorstein-Nielsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thorstein-Nielsen Holding ApS
Thorstein-Nielsen Holding ApS (CVR number: 33648464) is a company from FREDERICIA. The company recorded a gross profit of 13.1 kDKK in 2024. The operating profit was -110.1 kDKK, while net earnings were -1122 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was -14.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Thorstein-Nielsen Holding ApS's liquidity measured by quick ratio was 92.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 32.54 | 13.36 | 37.33 | 37.91 | 13.13 |
EBIT | 0.98 | -13.48 | 12.40 | - 117.65 | - 110.14 |
Net earnings | - 607.16 | -75.09 | 174.83 | 8.17 | -1 122.04 |
Shareholders equity total | 8 825.17 | 8 637.08 | 8 697.51 | 8 587.88 | 7 343.84 |
Balance sheet total (assets) | 8 837.62 | 8 842.75 | 8 822.79 | 8 612.57 | 7 358.13 |
Net debt | -3 505.16 | -2 712.01 | -2 854.52 | -2 940.10 | - 937.22 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.8 % | 2.9 % | 4.5 % | 0.1 % | 9.0 % |
ROE | -6.6 % | -0.9 % | 2.0 % | 0.1 % | -14.1 % |
ROI | 1.8 % | 2.9 % | 4.6 % | 0.2 % | 9.0 % |
Economic value added (EVA) | - 269.40 | - 277.86 | - 283.03 | - 354.25 | - 366.69 |
Solvency | |||||
Equity ratio | 99.9 % | 97.7 % | 98.6 % | 99.8 % | 99.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 468.4 | 15.4 | 25.4 | 149.3 | 92.6 |
Current ratio | 301.0 | 17.1 | 24.5 | 122.4 | 92.6 |
Cash and cash equivalents | 3 505.16 | 2 712.01 | 2 854.52 | 2 940.10 | 937.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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