Thorup Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thorup Service ApS
Thorup Service ApS (CVR number: 36449950) is a company from HERNING. The company recorded a gross profit of 427.7 kDKK in 2023. The operating profit was -26.8 kDKK, while net earnings were -50.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -43.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.2 %, 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. Thorup Service 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 368.21 | 1 232.41 | 1 282.02 | 1 217.22 | 427.72 |
EBIT | 18.64 | -74.52 | 114.20 | 32.67 | -26.79 |
Net earnings | 0.17 | -69.08 | 78.36 | 10.89 | -50.94 |
Shareholders equity total | 196.45 | 127.37 | 205.73 | 216.62 | 15.68 |
Balance sheet total (assets) | 802.19 | 760.05 | 846.27 | 619.43 | 44.62 |
Net debt | 307.05 | 154.69 | 108.04 | 74.89 | 10.01 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.4 % | -9.5 % | 14.4 % | 4.5 % | -8.0 % |
ROE | 0.1 % | -42.7 % | 47.0 % | 5.2 % | -43.9 % |
ROI | 4.1 % | -18.9 % | 38.7 % | 10.8 % | -16.6 % |
Economic value added (EVA) | 8.85 | -67.61 | 82.93 | 15.16 | -48.82 |
Solvency | |||||
Equity ratio | 24.5 % | 16.8 % | 24.3 % | 35.0 % | 35.2 % |
Gearing | 156.7 % | 124.1 % | 52.6 % | 34.9 % | 64.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.3 | 0.6 | 0.6 | 1.5 |
Current ratio | 1.2 | 1.1 | 1.2 | 1.3 | 1.5 |
Cash and cash equivalents | 0.72 | 3.32 | 0.17 | 0.64 | 0.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
Variable visualization
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