Thorsen Design ApS — Credit Rating and Financial Key Figures

CVR number: 37270423
Jupitervej 4, 6000 Kolding
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Company information

Official name
Thorsen Design ApS
Established
2015
Company form
Private limited company
Industry

About Thorsen Design ApS

Thorsen Design ApS (CVR number: 37270423) is a company from KOLDING. The company recorded a gross profit of -27.8 kDKK in 2024. The operating profit was -4713.4 kDKK, while net earnings were -4750.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -94.8 %, which can be considered poor and Return on Equity (ROE) was -224.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Thorsen Design ApS's liquidity measured by quick ratio was 172.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2.75-1.00-13.12-43.88-27.79
EBIT- 129.16-1.00-13.12-43.88-4 713.35
Net earnings-74.7727.1118.07-89.38-4 750.43
Shareholders equity total1 784.951 812.061 830.131 740.742 490.32
Balance sheet total (assets)2 693.182 737.902 771.677 229.512 586.50
Net debt-6.26-5.22-9.234 015.75-2 505.32
Profitability
EBIT-%
ROA-2.9 %1.9 %1.5 %-0.7 %-94.8 %
ROE-4.1 %1.5 %1.0 %-5.0 %-224.6 %
ROI-4.3 %2.9 %2.3 %-0.8 %-105.2 %
Economic value added (EVA)- 194.23-90.47- 101.29- 135.84-5 028.64
Solvency
Equity ratio66.3 %66.2 %66.0 %24.1 %96.3 %
Gearing260.4 %3.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.03.02.90.6172.4
Current ratio3.03.02.97.6172.4
Cash and cash equivalents6.265.229.23517.982 586.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-94.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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