Thorlunds Ingeniørforretning ApS — Credit Rating and Financial Key Figures

CVR number: 37872504
Stauningvej 2, 6900 Skjern
jthorlund@gmail.com
tel: 30252575

Credit rating

Company information

Official name
Thorlunds Ingeniørforretning ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Thorlunds Ingeniørforretning ApS

Thorlunds Ingeniørforretning ApS (CVR number: 37872504) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 231.5 kDKK in 2023. The operating profit was -74.7 kDKK, while net earnings were -74.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.2 %, which can be considered poor and Return on Equity (ROE) was -29.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Thorlunds Ingeniørforretning ApS's liquidity measured by quick ratio was 0.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit180.24326.48404.74178.92231.53
EBIT153.35101.68204.55- 121.67-74.66
Net earnings117.6176.73144.72- 113.03-74.73
Shareholders equity total182.37259.11403.82290.79216.05
Balance sheet total (assets)267.54416.39925.31725.09607.86
Net debt-58.43- 211.96- 279.21- 152.22- 172.46
Profitability
EBIT-%
ROA50.1 %29.7 %30.5 %-14.7 %-11.2 %
ROE67.8 %34.8 %43.7 %-32.5 %-29.5 %
ROI84.5 %44.5 %60.3 %-34.2 %-28.4 %
Economic value added (EVA)123.4573.16144.87- 116.80-81.23
Solvency
Equity ratio68.2 %62.2 %43.6 %40.1 %35.5 %
Gearing4.4 %3.1 %2.0 %2.7 %4.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.12.61.10.90.7
Current ratio3.12.61.10.90.7
Cash and cash equivalents66.39219.92287.18160.18182.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-11.2%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.5%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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