THORSMARK AGRO A/S — Credit Rating and Financial Key Figures

CVR number: 27927203
Sletten 6, Mejlby 8981 Spentrup
Thorsmark11@gmail.com
tel: 23301150
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Credit rating

Company information

Official name
THORSMARK AGRO A/S
Personnel
1 person
Established
2004
Domicile
Mejlby
Company form
Limited company
Industry

About THORSMARK AGRO A/S

THORSMARK AGRO A/S (CVR number: 27927203) is a company from RANDERS. The company recorded a gross profit of 351.8 kDKK in 2023. The operating profit was 56.2 kDKK, while net earnings were 69.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORSMARK AGRO A/S's liquidity measured by quick ratio was 22.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit499.80681.07563.001 088.04351.77
EBIT16.49263.25269.83718.0356.23
Net earnings101.71202.03210.81566.7569.82
Shareholders equity total9 027.889 229.929 440.7310 007.4810 077.30
Balance sheet total (assets)10 147.7910 430.7210 582.9311 179.7611 104.79
Net debt- 801.26-1 118.64- 785.84-1 230.06-1 554.60
Profitability
EBIT-%
ROA0.9 %2.6 %2.6 %6.7 %0.8 %
ROE0.8 %2.2 %2.3 %5.8 %0.7 %
ROI0.9 %2.6 %2.7 %6.9 %0.8 %
Economic value added (EVA)- 798.63- 208.05- 197.42125.15- 397.47
Solvency
Equity ratio89.0 %88.5 %89.2 %89.5 %90.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.24.95.86.522.5
Current ratio8.87.39.411.426.4
Cash and cash equivalents801.261 118.64785.841 230.061 554.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:0.81%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.7%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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