THORVALD REIN A/S — Credit Rating and Financial Key Figures

CVR number: 79355313
Grumstrupsvej 24, 2900 Hellerup
tel: 40250366

Credit rating

Company information

Official name
THORVALD REIN A/S
Personnel
3 persons
Established
1985
Company form
Limited company
Industry

About THORVALD REIN A/S

THORVALD REIN A/S (CVR number: 79355313) is a company from GENTOFTE. The company recorded a gross profit of -260 kDKK in 2023. The operating profit was -726 kDKK, while net earnings were -81.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.8 %, 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 13.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 313.006 151.006 660.007 290.77- 260.05
EBIT1 188.00873.001 185.003 455.90- 726.04
Net earnings641.001 070.00985.002 860.96-81.18
Shareholders equity total2 709.003 778.004 764.006 624.676 543.49
Balance sheet total (assets)6 863.007 987.006 962.009 001.656 976.16
Net debt-2 674.00-3 746.00-3 477.00-2 703.36-3 144.69
Profitability
EBIT-%
ROA14.0 %19.2 %19.0 %45.1 %-1.3 %
ROE12.2 %33.0 %23.1 %50.2 %-1.2 %
ROI19.2 %34.2 %28.8 %55.7 %-1.4 %
Economic value added (EVA)809.61680.73930.612 733.52- 710.21
Solvency
Equity ratio39.5 %47.3 %68.4 %73.6 %93.8 %
Gearing13.2 %7.3 %16.0 %6.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.24.72.413.3
Current ratio2.02.24.72.413.3
Cash and cash equivalents3 031.004 022.003 477.003 762.873 559.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:-1.30%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.8%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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