THORVALD REIN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About THORVALD REIN A/S
THORVALD REIN A/S (CVR number: 79355313) is a company from GENTOFTE. The company recorded a gross profit of 21.1 kDKK in 2024. The operating profit was -211.4 kDKK, while net earnings were -498.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -7.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORVALD REIN A/S's liquidity measured by quick ratio was 6033.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 151.00 | 6 660.00 | 7 290.77 | - 260.05 | 21.09 |
EBIT | 873.00 | 1 185.00 | 3 455.90 | - 726.04 | - 211.37 |
Net earnings | 1 070.00 | 985.00 | 2 860.96 | -81.18 | - 498.54 |
Shareholders equity total | 3 778.00 | 4 764.00 | 6 624.67 | 6 543.49 | 6 044.95 |
Balance sheet total (assets) | 7 987.00 | 6 962.00 | 9 001.65 | 6 976.10 | 6 045.95 |
Net debt | -3 746.00 | -3 477.00 | -2 703.36 | -3 144.69 | -4 872.15 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.2 % | 19.0 % | 45.1 % | -1.3 % | -1.6 % |
ROE | 33.0 % | 23.1 % | 50.2 % | -1.2 % | -7.9 % |
ROI | 34.2 % | 28.8 % | 55.7 % | -1.4 % | -1.6 % |
Economic value added (EVA) | 494.35 | 684.64 | 2 534.53 | - 952.53 | - 514.58 |
Solvency | |||||
Equity ratio | 47.3 % | 68.4 % | 73.6 % | 93.8 % | 100.0 % |
Gearing | 7.3 % | 16.0 % | 6.3 % | 0.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 4.7 | 2.4 | 13.3 | 6 033.9 |
Current ratio | 2.2 | 4.7 | 2.4 | 13.3 | 6 033.9 |
Cash and cash equivalents | 4 022.00 | 3 477.00 | 3 762.87 | 3 559.77 | 4 872.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BB |
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