THORNBERG2 ApS — Credit Rating and Financial Key Figures

CVR number: 20291877
Strandvejen 201, 2900 Hellerup
tel: 70231015

Credit rating

Company information

Official name
THORNBERG2 ApS
Established
1997
Company form
Private limited company
Industry
  • Expand more icon58Publishing activities

About THORNBERG2 ApS

THORNBERG2 ApS (CVR number: 20291877) is a company from GENTOFTE. The company recorded a gross profit of -66.5 kDKK in 2023. The operating profit was -66.5 kDKK, while net earnings were -55.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. THORNBERG2 ApS's liquidity measured by quick ratio was 2.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit750.3362.63- 130.7969.71-66.50
EBIT750.3362.63- 130.7969.71-66.50
Net earnings551.38152.82- 252.1147.40-55.61
Shareholders equity total2 934.412 976.632 611.522 544.522 488.90
Balance sheet total (assets)3 785.223 587.213 194.503 180.654 349.10
Net debt302.6217.8414.91- 466.30- 475.29
Profitability
EBIT-%
ROA22.2 %1.7 %-3.9 %2.2 %-1.8 %
ROE23.4 %5.2 %-9.0 %1.8 %-2.2 %
ROI23.2 %1.7 %-3.9 %2.4 %-2.6 %
Economic value added (EVA)547.08-77.03- 212.41-49.86- 154.85
Solvency
Equity ratio77.5 %83.0 %81.8 %80.0 %62.8 %
Gearing26.9 %19.7 %20.8 %0.6 %1.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.45.85.45.02.9
Current ratio4.45.85.45.02.3
Cash and cash equivalents486.51567.47529.14480.62508.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-1.77%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.8%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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