Thor Bidco ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thor Bidco ApS
Thor Bidco ApS (CVR number: 41058021K) is a company from KØBENHAVN. The company reported a net sales of 122.1 mDKK in 2024, demonstrating a growth of 20 % compared to the previous year. The operating profit percentage was poor at -26 % (EBIT: -31.8 mDKK), while net earnings were -41.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -12 %, which can be considered poor and Return on Equity (ROE) was -19.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Thor Bidco ApS'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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 42.69 | 65.78 | 87.92 | 101.82 | 122.14 |
Gross profit | 16.11 | 14.70 | 12.30 | 40.81 | 61.58 |
EBIT | -37.17 | -52.76 | -76.16 | -55.12 | -31.79 |
Net earnings | -32.35 | -45.95 | -82.16 | -66.04 | -41.82 |
Shareholders equity total | 165.13 | 119.31 | 37.71 | -29.61 | -72.73 |
Balance sheet total (assets) | 288.43 | 236.51 | 254.21 | 199.98 | 226.20 |
Net debt | -15.19 | -12.00 | 39.09 | 73.52 | 101.96 |
Profitability | |||||
EBIT-% | -87.1 % | -80.2 % | -86.6 % | -54.1 % | -26.0 % |
ROA | -12.9 % | -20.0 % | -31.0 % | -22.6 % | -12.0 % |
ROE | -19.6 % | -32.3 % | -104.6 % | -55.6 % | -19.6 % |
ROI | -21.7 % | -35.8 % | -63.7 % | -55.1 % | -27.3 % |
Economic value added (EVA) | -31.90 | -54.34 | -83.62 | -64.43 | -35.97 |
Solvency | |||||
Equity ratio | 57.3 % | 50.4 % | 14.8 % | -12.9 % | -24.3 % |
Gearing | 0.2 % | 205.6 % | -272.4 % | -204.5 % | |
Relative net indebtedness % | 252.4 % | 159.9 % | 202.5 % | 218.5 % | 206.4 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.4 | 0.6 | 0.3 | 0.5 |
Current ratio | 0.7 | 0.4 | 0.6 | 0.3 | 0.5 |
Cash and cash equivalents | 15.55 | 12.00 | 38.44 | 7.13 | 46.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 138.1 | 90.9 | 88.7 | 83.8 | 59.1 |
Net working capital % | -74.3 % | -92.6 % | -54.3 % | -93.8 % | -53.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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