Thorstein-Nielsen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 33648464
Læsøvej 24, 7000 Fredericia
mail@thorniaps.dk
tel: 40245047
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Credit rating

Company information

Official name
Thorstein-Nielsen Holding ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit32.5413.3637.3337.9113.13
EBIT0.98-13.4812.40- 117.65- 110.14
Net earnings- 607.16-75.09174.838.17-1 122.04
Shareholders equity total8 825.178 637.088 697.518 587.887 343.84
Balance sheet total (assets)8 837.628 842.758 822.798 612.577 358.13
Net debt-3 505.16-2 712.01-2 854.52-2 940.10- 937.22
Profitability
EBIT-%
ROA1.8 %2.9 %4.5 %0.1 %9.0 %
ROE-6.6 %-0.9 %2.0 %0.1 %-14.1 %
ROI1.8 %2.9 %4.6 %0.2 %9.0 %
Economic value added (EVA)- 269.40- 277.86- 283.03- 354.25- 366.69
Solvency
Equity ratio99.9 %97.7 %98.6 %99.8 %99.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio468.415.425.4149.392.6
Current ratio301.017.124.5122.492.6
Cash and cash equivalents3 505.162 712.012 854.522 940.10937.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:8.99%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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