MALERFIRMAET THORDSEN ApS — Credit Rating and Financial Key Figures

CVR number: 20849401
Energivej 14, 6700 Esbjerg
mail@thordsen.dk
tel: 75452730

Company information

Official name
MALERFIRMAET THORDSEN ApS
Personnel
14 persons
Established
1998
Company form
Private limited company
Industry

About MALERFIRMAET THORDSEN ApS

MALERFIRMAET THORDSEN ApS (CVR number: 20849401) is a company from ESBJERG. The company recorded a gross profit of 5174.9 kDKK in 2023. The operating profit was -106.2 kDKK, while net earnings were -100.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -39.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 10.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MALERFIRMAET THORDSEN ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit5 239.435 089.076 528.415 978.425 174.93
EBIT214.88964.67555.47320.46- 106.22
Net earnings176.17728.23443.76267.11- 100.89
Shareholders equity total1 271.10768.23483.76307.11206.22
Balance sheet total (assets)3 420.053 307.783 529.861 903.711 832.54
Net debt- 199.86- 475.44- 522.85- 394.97- 376.10
Profitability
EBIT-%
ROA7.7 %28.3 %17.0 %13.2 %-5.3 %
ROE14.9 %71.4 %70.9 %67.5 %-39.3 %
ROI17.1 %74.9 %71.7 %88.8 %-44.6 %
Economic value added (EVA)112.23692.09424.24246.62-76.26
Solvency
Equity ratio37.2 %23.2 %15.3 %15.3 %10.1 %
Gearing0.2 %0.5 %0.7 %37.0 %56.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.51.21.01.0
Current ratio1.71.51.11.01.0
Cash and cash equivalents202.89478.97526.37508.46493.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-5.31%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.1%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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