T. H. THOMSEN. INTERNATIONAL HANDELSAKTIESELSKAB — Credit Rating and Financial Key Figures
Credit rating
Company information
About T. H. THOMSEN. INTERNATIONAL HANDELSAKTIESELSKAB
T. H. THOMSEN. INTERNATIONAL HANDELSAKTIESELSKAB (CVR number: 56347615) is a company from AABENRAA. The company recorded a gross profit of 794.6 kDKK in 2023. The operating profit was -268.7 kDKK, while net earnings were -1014.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -12.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. T. H. THOMSEN. INTERNATIONAL HANDELSAKTIESELSKAB's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 480.47 | 6 457.77 | 621.91 | 1 113.81 | 794.62 |
EBIT | -1 207.02 | 4 852.66 | - 454.73 | -37.10 | - 268.71 |
Net earnings | -3 114.97 | 5 917.54 | - 582.04 | - 197.91 | -1 014.51 |
Shareholders equity total | 3 710.77 | 9 628.32 | 9 046.28 | 8 848.37 | 7 833.85 |
Balance sheet total (assets) | 37 198.45 | 25 126.78 | 26 965.57 | 25 974.34 | 25 240.74 |
Net debt | 13 020.03 | 23.60 | -1 539.54 | 9 448.05 | 10 134.77 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.9 % | 23.5 % | -0.6 % | 1.0 % | 0.7 % |
ROE | -59.1 % | 88.7 % | -6.2 % | -2.2 % | -12.2 % |
ROI | -3.6 % | 52.3 % | -1.7 % | 2.0 % | 0.9 % |
Economic value added (EVA) | - 894.90 | 4 999.03 | - 594.55 | -69.58 | - 354.46 |
Solvency | |||||
Equity ratio | 10.0 % | 38.3 % | 33.5 % | 34.1 % | 31.0 % |
Gearing | 389.7 % | 1.8 % | 1.9 % | 111.9 % | 134.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.9 | 0.9 | 0.8 | 0.8 |
Current ratio | 0.7 | 1.0 | 0.9 | 0.9 | 0.9 |
Cash and cash equivalents | 1 439.81 | 153.77 | 1 707.87 | 450.02 | 365.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | BBB |
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