THORNBERG2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 750.33 | 62.63 | - 130.79 | 69.71 | -66.50 |
EBIT | 750.33 | 62.63 | - 130.79 | 69.71 | -66.50 |
Net earnings | 551.38 | 152.82 | - 252.11 | 47.40 | -55.61 |
Shareholders equity total | 2 934.41 | 2 976.63 | 2 611.52 | 2 544.52 | 2 488.90 |
Balance sheet total (assets) | 3 785.22 | 3 587.21 | 3 194.50 | 3 180.65 | 4 349.10 |
Net debt | 302.62 | 17.84 | 14.91 | - 466.30 | - 475.29 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.2 % | 1.7 % | -3.9 % | 2.2 % | -1.8 % |
ROE | 23.4 % | 5.2 % | -9.0 % | 1.8 % | -2.2 % |
ROI | 23.2 % | 1.7 % | -3.9 % | 2.4 % | -2.6 % |
Economic value added (EVA) | 547.08 | -77.03 | - 212.41 | -49.86 | - 154.85 |
Solvency | |||||
Equity ratio | 77.5 % | 83.0 % | 81.8 % | 80.0 % | 62.8 % |
Gearing | 26.9 % | 19.7 % | 20.8 % | 0.6 % | 1.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.4 | 5.8 | 5.4 | 5.0 | 2.9 |
Current ratio | 4.4 | 5.8 | 5.4 | 5.0 | 2.3 |
Cash and cash equivalents | 486.51 | 567.47 | 529.14 | 480.62 | 508.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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