Thorsens Holding ApS — Credit Rating and Financial Key Figures

CVR number: 42508020
Neergårds Alle 7, 2650 Hvidovre

Company information

Official name
Thorsens Holding ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry

About Thorsens Holding ApS

Thorsens Holding ApS (CVR number: 42508020) is a company from HVIDOVRE. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -37 % compared to the previous year. The operating profit percentage was at 94.2 % (EBIT: 0.2 mDKK), while net earnings were 166.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Thorsens Holding ApS's liquidity measured by quick ratio was 21.3 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
2021
2022
2023
Volume
Net sales308.26273.81172.58
Gross profit303.26265.74162.58
EBIT303.26265.74162.58
Net earnings304.36269.88166.29
Shareholders equity total1 316.821 472.311 520.80
Balance sheet total (assets)1 420.912 391.131 556.89
Net debt865.96
Profitability
EBIT-%98.4 %97.1 %94.2 %
ROA21.3 %14.2 %8.5 %
ROE23.1 %19.4 %11.1 %
ROI23.0 %14.8 %8.6 %
Economic value added (EVA)304.36282.21192.14
Solvency
Equity ratio92.7 %61.6 %97.7 %
Gearing58.8 %
Relative net indebtedness %33.8 %335.6 %20.9 %
Liquidity
Quick ratio1.00.821.3
Current ratio1.00.821.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1.3 %-51.9 %425.1 %
Credit risk
Credit ratingBBBAA

Variable visualization

ROA:8.45%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.7%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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