THORNING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30177002
Råbjerg 11, 2690 Karlslunde

Company information

Official name
THORNING HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About THORNING HOLDING ApS

THORNING HOLDING ApS (CVR number: 30177002) is a company from GREVE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -5.3 kDKK, while net earnings were 613.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.8 %, which can be considered excellent and Return on Equity (ROE) was 23.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORNING HOLDING ApS's liquidity measured by quick ratio was 4.3 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
EBIT-4.97-4.77-5.47-6.49-5.25
Net earnings90.2569.11201.34391.05613.86
Shareholders equity total1 658.351 727.451 928.802 319.852 933.71
Balance sheet total (assets)1 663.761 762.132 016.632 441.693 170.94
Net debt-0.61-44.71-2.17-3.44-5.37
Profitability
EBIT-%
ROA6.5 %6.1 %13.3 %20.2 %27.8 %
ROE5.5 %4.1 %11.0 %18.4 %23.4 %
ROI6.5 %6.2 %13.7 %21.2 %29.7 %
Economic value added (EVA)-34.30-65.44-72.43-83.30-82.49
Solvency
Equity ratio99.7 %98.0 %95.6 %95.0 %92.5 %
Gearing0.1 %0.1 %0.1 %0.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio174.829.612.08.64.3
Current ratio174.829.612.08.64.3
Cash and cash equivalents1.8745.973.444.706.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:27.8%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.5%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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