Thorsens Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 2024, demonstrating a growth of 36.8 % compared to the previous year. The operating profit percentage was at 95.8 % (EBIT: 0.2 mDKK), while net earnings were 245.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.1 %, 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. Thorsens Holding ApS's liquidity measured by quick ratio was 1.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 308.26 | 273.81 | 172.58 | 236.01 |
Gross profit | 303.26 | 265.74 | 162.58 | 226.01 |
EBIT | 303.26 | 265.74 | 162.58 | 226.01 |
Net earnings | 304.36 | 269.88 | 166.29 | 245.53 |
Shareholders equity total | 1 316.82 | 1 472.31 | 1 520.80 | 1 644.33 |
Balance sheet total (assets) | 1 420.91 | 2 391.13 | 1 556.89 | 2 449.32 |
Net debt | 865.96 | 58.66 | ||
Profitability | ||||
EBIT-% | 98.4 % | 97.1 % | 94.2 % | 95.8 % |
ROA | 21.3 % | 14.2 % | 8.5 % | 12.5 % |
ROE | 23.1 % | 19.4 % | 11.1 % | 15.5 % |
ROI | 23.0 % | 14.8 % | 8.6 % | 12.8 % |
Economic value added (EVA) | 304.36 | 200.36 | 46.33 | 146.80 |
Solvency | ||||
Equity ratio | 92.7 % | 61.6 % | 97.7 % | 67.1 % |
Gearing | 58.8 % | 44.5 % | ||
Relative net indebtedness % | 33.8 % | 335.6 % | 20.9 % | 56.1 % |
Liquidity | ||||
Quick ratio | 1.0 | 0.8 | 21.3 | 1.8 |
Current ratio | 1.0 | 0.8 | 21.3 | 1.8 |
Cash and cash equivalents | 672.52 | |||
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | -1.3 % | -51.9 % | 425.1 % | 263.2 % |
Credit risk | ||||
Credit rating | BBB | A | A | A |
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