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

About THORNBERG2 ApS

THORNBERG2 ApS (CVR number: 20291877) is a company from GENTOFTE. The company recorded a gross profit of 178.5 kDKK in 2024. The operating profit was 178.5 kDKK, while net earnings were 140.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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 3.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit62.63- 130.7969.71-66.50178.46
EBIT62.63- 130.7969.71-66.50178.46
Net earnings152.82- 252.1147.40-55.61140.08
Shareholders equity total2 976.632 611.522 544.522 488.902 628.98
Balance sheet total (assets)3 587.213 194.503 180.654 329.664 151.87
Net debt17.8414.91- 466.30- 475.29- 348.21
Profitability
EBIT-%
ROA1.7 %-3.9 %2.2 %-1.8 %4.2 %
ROE5.2 %-9.0 %1.8 %-2.2 %5.5 %
ROI1.7 %-3.9 %2.4 %-2.6 %6.9 %
Economic value added (EVA)- 142.64- 271.85- 105.29- 181.2312.57
Solvency
Equity ratio83.0 %81.8 %80.0 %63.1 %69.8 %
Gearing19.7 %20.8 %0.6 %1.4 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio5.85.45.03.03.6
Current ratio5.85.45.02.32.7
Cash and cash equivalents567.47529.14480.62508.89395.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:4.23%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.8%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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