Thusgaard El-Center K/S — Credit Rating and Financial Key Figures

CVR number: 40628924
Industrivej 14, 7600 Struer
info@thusgaard-elcenter.dk
tel: 96853000

Credit rating

Company information

Official name
Thusgaard El-Center K/S
Personnel
20 persons
Established
2019
Company form
Limited partnership
Industry

About Thusgaard El-Center K/S

Thusgaard El-Center K/S (CVR number: 40628924) is a company from STRUER. The company recorded a gross profit of 3192 kDKK in 2024. The operating profit was 582.4 kDKK, while net earnings were 600.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 60 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8 %, 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. Thusgaard El-Center K/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit4 315.103 967.733 468.463 467.023 191.96
EBIT645.46541.72392.86567.79582.38
Net earnings652.80516.46400.34574.57600.19
Shareholders equity total600.001 000.001 000.001 000.001 000.00
Balance sheet total (assets)14 727.0213 987.9713 678.4312 832.3112 508.23
Net debt5 255.366 233.777 969.117 202.667 984.93
Profitability
EBIT-%
ROA4.5 %3.9 %3.0 %4.5 %4.9 %
ROE108.8 %64.6 %40.0 %57.5 %60.0 %
ROI6.8 %5.5 %4.1 %6.2 %6.4 %
Economic value added (EVA)645.4685.21-88.6385.2694.49
Solvency
Equity ratio4.1 %7.1 %7.3 %7.8 %8.0 %
Gearing1414.1 %858.2 %860.3 %870.9 %845.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.50.50.5
Current ratio0.70.70.70.70.8
Cash and cash equivalents3 229.392 348.25633.581 506.62471.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.92%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.99%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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