Thorlunds Ingeniørforretning ApS
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 180.24 | 326.48 | 404.74 | 178.92 | 231.53 |
EBIT | 153.35 | 101.68 | 204.55 | - 121.67 | -74.66 |
Net earnings | 117.61 | 76.73 | 144.72 | - 113.03 | -74.73 |
Shareholders equity total | 182.37 | 259.11 | 403.82 | 290.79 | 216.05 |
Balance sheet total (assets) | 267.54 | 416.39 | 925.31 | 725.09 | 607.86 |
Net debt | -58.43 | - 211.96 | - 279.21 | - 152.22 | - 172.46 |
Profitability | |||||
EBIT-% | |||||
ROA | 50.1 % | 29.7 % | 30.5 % | -14.7 % | -11.2 % |
ROE | 67.8 % | 34.8 % | 43.7 % | -32.5 % | -29.5 % |
ROI | 84.5 % | 44.5 % | 60.3 % | -34.2 % | -28.4 % |
Economic value added (EVA) | 123.45 | 73.16 | 144.87 | - 116.80 | -81.23 |
Solvency | |||||
Equity ratio | 68.2 % | 62.2 % | 43.6 % | 40.1 % | 35.5 % |
Gearing | 4.4 % | 3.1 % | 2.0 % | 2.7 % | 4.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.1 | 2.6 | 1.1 | 0.9 | 0.7 |
Current ratio | 3.1 | 2.6 | 1.1 | 0.9 | 0.7 |
Cash and cash equivalents | 66.39 | 219.92 | 287.18 | 160.18 | 182.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | B | B |
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