THORSØ A/S

CVR number: 14313494
Håndværkervej 1, 8881 Thorsø
tel: 86966075

Credit rating

Company information

Official name
THORSØ A/S
Personnel
12 persons
Established
1990
Company form
Limited company
Industry
  • Expand more icon31Manufacture of furniture

About THORSØ A/S

THORSØ A/S (CVR number: 14313494) is a company from FAVRSKOV. The company recorded a gross profit of 4260.2 kDKK in 2023. The operating profit was -805 kDKK, while net earnings were -1574.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.2 %, which can be considered poor and Return on Equity (ROE) was -89.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.1 %, 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. THORSØ A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit4 617.074 112.357 055.255 401.054 260.16
EBIT-3 293.33-2 533.801 531.81478.31- 805.02
Net earnings-3 387.72-2 403.412 349.74339.70-1 574.27
Shareholders equity total2 264.30- 139.102 210.632 550.33976.05
Balance sheet total (assets)6 252.496 202.805 904.024 613.823 737.88
Net debt768.033 490.10843.41534.231 070.15
Profitability
EBIT-%
ROA-41.0 %-39.8 %26.5 %9.1 %-19.2 %
ROE-114.5 %-56.8 %55.9 %14.3 %-89.3 %
ROI-63.1 %-64.1 %46.2 %14.2 %-29.0 %
Economic value added (EVA)-3 475.85-2 450.531 034.49261.52- 699.65
Solvency
Equity ratio36.9 %-2.2 %37.6 %55.3 %26.1 %
Gearing36.0 %-2515.6 %38.5 %21.0 %109.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.91.00.6
Current ratio1.00.61.41.91.1
Cash and cash equivalents47.599.207.971.311.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-19.2%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.428Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.