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Thorstensen ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 39555425
Fruevej 95, 7900 Nykøbing M
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Credit rating

Company information

Official name
Thorstensen ejendomme ApS
Established
2018
Company form
Private limited company
Industry

About Thorstensen ejendomme ApS

Thorstensen ejendomme ApS (CVR number: 39555425) is a company from MORSØ. The company recorded a gross profit of 107.8 kDKK in 2024. The operating profit was 74.8 kDKK, while net earnings were 0.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 4.9 %, 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. Thorstensen ejendomme ApS's liquidity measured by quick ratio was 2.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit104.1773.69101.7796.77107.79
EBIT72.1140.8268.8263.8374.84
Net earnings16.18-0.47-1.05-22.930.16
Shareholders equity total89.5489.0788.0265.1065.25
Balance sheet total (assets)1 336.631 320.971 345.551 344.931 337.84
Net debt- 234.79- 205.39- 265.11- 312.83- 339.39
Profitability
EBIT-%
ROA5.5 %3.1 %5.2 %4.8 %5.7 %
ROE19.9 %-0.5 %-1.2 %-29.9 %0.2 %
ROI5.9 %3.3 %5.6 %5.2 %6.3 %
Economic value added (EVA)43.9836.3264.3559.4071.57
Solvency
Equity ratio6.7 %6.7 %6.5 %4.8 %4.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.52.92.72.52.9
Current ratio2.52.92.72.52.9
Cash and cash equivalents234.79205.39265.11312.83339.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.69%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.88%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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