THUSTRUP FONDEN — Credit Rating and Financial Key Figures

CVR number: 11668143
Store Kongensgade 77, 1264 København K

Credit rating

Company information

Official name
THUSTRUP FONDEN
Established
1999
Industry

About THUSTRUP FONDEN

THUSTRUP FONDEN (CVR number: 11668143) is a company from KØBENHAVN. The company recorded a gross profit of -15.2 kDKK in 2023. The operating profit was -15.2 kDKK, while net earnings were -453.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.9 %, which can be considered poor and Return on Equity (ROE) was -9.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THUSTRUP FONDEN's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-19.69-5.88-15.09-13.50-15.17
EBIT-19.69-5.88-15.09-13.50-15.17
Net earnings32.96129.26155.68-90.93- 453.30
Shareholders equity total5 187.695 256.955 343.365 162.434 709.13
Balance sheet total (assets)5 193.945 263.205 349.615 168.685 062.20
Net debt346.83
Profitability
EBIT-%
ROA0.6 %2.5 %2.9 %-1.7 %-8.9 %
ROE0.6 %2.5 %2.9 %-1.7 %-9.2 %
ROI0.6 %2.5 %2.9 %-1.7 %-8.9 %
Economic value added (EVA)-2.7416.5116.7030.9823.93
Solvency
Equity ratio99.9 %99.9 %99.9 %99.9 %93.0 %
Gearing7.4 %
Relative net indebtedness %
Liquidity
Quick ratio380.4371.7360.1346.9
Current ratio380.4371.7360.1346.9
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-8.86%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.0%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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