Boligselskabet Thorning ApS — Credit Rating and Financial Key Figures

CVR number: 37785873
Teglmarken 139, 8800 Viborg
ir@revisor-rohde.dk
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Company information

Official name
Boligselskabet Thorning ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Boligselskabet Thorning ApS

Boligselskabet Thorning ApS (CVR number: 37785873) is a company from VIBORG. The company recorded a gross profit of 638.2 kDKK in 2024. The operating profit was 617.7 kDKK, while net earnings were 155.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 14.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Boligselskabet Thorning ApS'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit641.55721.28725.31515.08638.23
EBIT527.28638.44720.89505.83617.65
Net earnings288.26263.40400.55127.86155.19
Shareholders equity total1 360.521 623.922 024.472 152.342 307.53
Balance sheet total (assets)15 496.8715 487.2515 466.4515 570.8115 518.70
Net debt11 247.5311 026.7910 728.9310 502.6310 255.21
Profitability
EBIT-%
ROA4.6 %4.1 %4.7 %3.3 %4.0 %
ROE23.4 %17.7 %22.0 %6.1 %7.0 %
ROI4.8 %4.6 %5.5 %3.8 %4.7 %
Economic value added (EVA)- 181.92- 156.47-13.03- 213.01- 117.51
Solvency
Equity ratio8.8 %10.5 %13.1 %13.8 %14.9 %
Gearing826.7 %679.0 %530.0 %488.0 %444.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.0
Current ratio0.00.00.00.10.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:3.97%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.9%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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