EJENDOMSSELSKABET THORSGADE ApS — Credit Rating and Financial Key Figures

CVR number: 75845715
Asgårdsvej 18, 8700 Horsens

Credit rating

Company information

Official name
EJENDOMSSELSKABET THORSGADE ApS
Established
1984
Company form
Private limited company
Industry

About EJENDOMSSELSKABET THORSGADE ApS

EJENDOMSSELSKABET THORSGADE ApS (CVR number: 75845715) is a company from HORSENS. The company recorded a gross profit of -9.9 kDKK in 2023. The operating profit was -9.9 kDKK, while net earnings were 122.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EJENDOMSSELSKABET THORSGADE ApS's liquidity measured by quick ratio was 9.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-4.28-11.88-9.25-7.56-9.88
EBIT-4.28-11.88-9.25-7.56-9.88
Net earnings-3.46-1.19105.1440.65122.17
Shareholders equity total1 560.341 448.561 315.841 242.091 246.46
Balance sheet total (assets)1 579.421 586.611 445.581 387.881 398.90
Net debt-1 566.78-1 331.45-1 344.11-1 281.21-1 287.82
Profitability
EBIT-%
ROA0.5 %-0.1 %10.1 %4.0 %11.7 %
ROE-0.2 %-0.1 %7.6 %3.2 %9.8 %
ROI0.5 %-0.1 %10.2 %4.1 %12.1 %
Economic value added (EVA)-51.03-10.98-6.670.62-0.37
Solvency
Equity ratio98.8 %91.3 %91.0 %89.5 %89.1 %
Gearing0.7 %8.8 %7.7 %8.6 %8.9 %
Relative net indebtedness %
Liquidity
Quick ratio82.811.511.19.59.2
Current ratio82.811.511.19.59.2
Cash and cash equivalents1 578.221 458.251 445.581 387.881 398.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.1%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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