THRANE ERHVERV A/S — Credit Rating and Financial Key Figures

CVR number: 29179468
Industrivej 25, Vester Hassing 9310 Vodskov
info@thrane-erhverv.dk
tel: 98255254
www.thrane-erhverv.dk

Company information

Official name
THRANE ERHVERV A/S
Personnel
133 persons
Established
2005
Domicile
Vester Hassing
Company form
Limited company
Industry

About THRANE ERHVERV A/S

THRANE ERHVERV A/S (CVR number: 29179468) is a company from AALBORG. The company recorded a gross profit of 40.1 mDKK in 2024. The operating profit was 2876.2 kDKK, while net earnings were 2040.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25 %, which can be considered excellent and Return on Equity (ROE) was 44.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. THRANE ERHVERV A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit23 603.0026 198.3228 529.1332 378.0840 091.41
EBIT1 970.932 907.002 075.452 896.942 876.19
Net earnings1 386.052 208.891 602.422 045.182 040.73
Shareholders equity total3 437.974 260.823 654.354 545.194 585.91
Balance sheet total (assets)9 524.419 004.239 954.1210 606.4913 070.30
Net debt-1 055.241 995.253 416.591 717.893 578.49
Profitability
EBIT-%
ROA22.3 %33.0 %24.4 %28.8 %25.0 %
ROE45.9 %57.4 %40.5 %49.9 %44.7 %
ROI41.4 %61.3 %34.6 %44.3 %40.7 %
Economic value added (EVA)1 416.242 145.301 394.582 067.501 992.69
Solvency
Equity ratio36.1 %47.3 %36.7 %42.9 %35.1 %
Gearing7.7 %47.0 %93.8 %37.8 %80.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.21.41.3
Current ratio1.31.51.21.41.3
Cash and cash equivalents1 320.869.1210.2890.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:25.0%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board
Board member
Board member

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