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

About Thorlunds Ingeniørforretning ApS

Thorlunds Ingeniørforretning ApS (CVR number: 37872504) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 343.4 kDKK in 2024. The operating profit was 122.1 kDKK, while net earnings were 122.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 44.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Thorlunds Ingeniørforretning ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit326.48404.74178.92231.53343.36
EBIT101.68204.55- 121.67-74.66122.07
Net earnings76.73144.72- 113.03-74.73122.79
Shareholders equity total259.11403.82290.79216.05338.85
Balance sheet total (assets)416.39925.31725.09607.86694.02
Net debt- 211.96- 279.21- 152.22- 172.46- 106.25
Profitability
EBIT-%
ROA29.7 %30.5 %-14.7 %-11.2 %18.9 %
ROE34.8 %43.7 %-32.5 %-29.5 %44.3 %
ROI44.5 %60.3 %-34.2 %-28.4 %42.8 %
Economic value added (EVA)69.42133.42- 131.63-89.68110.68
Solvency
Equity ratio62.2 %43.6 %40.1 %35.5 %48.8 %
Gearing3.1 %2.0 %2.7 %4.8 %2.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.61.10.90.71.0
Current ratio2.61.10.90.71.0
Cash and cash equivalents219.92287.18160.18182.92114.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:18.9%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.8%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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