ThorVent ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ThorVent ApS
ThorVent ApS (CVR number: 39315882) is a company from HADERSLEV. The company recorded a gross profit of 372.8 kDKK in 2023. The operating profit was 6 kDKK, while net earnings were -0.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.6 %, 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. ThorVent ApS's liquidity measured by quick ratio was 2.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 203.19 | 1 116.29 | 174.95 | 494.41 | 372.75 |
EBIT | 51.92 | 650.97 | - 326.64 | 211.03 | 6.00 |
Net earnings | 33.64 | 498.83 | - 270.59 | 160.63 | -0.24 |
Shareholders equity total | 125.17 | 624.01 | 240.42 | 401.05 | 400.81 |
Balance sheet total (assets) | 380.78 | 1 187.29 | 532.09 | 1 049.86 | 650.97 |
Net debt | 26.67 | -42.16 | - 116.26 | - 151.93 | - 194.94 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.6 % | 83.0 % | -38.0 % | 26.7 % | 0.7 % |
ROE | 31.0 % | 133.2 % | -62.6 % | 50.1 % | -0.1 % |
ROI | 15.4 % | 144.7 % | -75.2 % | 64.9 % | 1.5 % |
Economic value added (EVA) | 50.80 | 500.68 | - 296.94 | 156.21 | -7.80 |
Solvency | |||||
Equity ratio | 32.9 % | 52.6 % | 45.2 % | 38.2 % | 61.6 % |
Gearing | 115.1 % | 2.3 % | 3.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.6 | 2.1 | 1.8 | 1.6 | 2.6 |
Current ratio | 5.6 | 2.1 | 1.8 | 1.6 | 2.6 |
Cash and cash equivalents | 117.42 | 42.16 | 116.26 | 160.98 | 208.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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