Thorsen Teknik ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thorsen Teknik ApS
Thorsen Teknik ApS (CVR number: 37490431) is a company from KOLDING. The company recorded a gross profit of -11 kDKK in 2019. The operating profit was -11 kDKK, while net earnings were -7.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.8 %, 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. Thorsen Teknik ApS's liquidity measured by quick ratio was 1.5 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 financials2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | - 512.05 | -60.60 | -8.21 | -11.00 |
| EBIT | - 512.05 | -60.60 | -8.21 | -11.00 |
| Net earnings | - 401.30 | -47.85 | -5.65 | -7.46 |
| Shareholders equity total | 148.70 | 100.85 | 95.20 | 87.74 |
| Balance sheet total (assets) | 273.77 | 244.23 | 253.92 | 259.56 |
| Net debt | 62.33 | 123.69 | 134.74 | 151.29 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -187.0 % | -22.5 % | -1.5 % | -2.5 % |
| ROE | -269.9 % | -38.3 % | -5.8 % | -8.2 % |
| ROI | -203.1 % | -23.8 % | -1.6 % | -2.6 % |
| Economic value added (EVA) | - 399.40 | -53.09 | -11.43 | -12.63 |
| Solvency | ||||
| Equity ratio | 54.3 % | 41.3 % | 37.5 % | 33.8 % |
| Gearing | 69.6 % | 134.8 % | 158.9 % | 190.1 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 2.2 | 1.7 | 1.6 | 1.5 |
| Current ratio | 2.2 | 1.7 | 1.6 | 1.5 |
| Cash and cash equivalents | 41.10 | 12.24 | 16.53 | 15.53 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | B | BB | BB |
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