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THURMANN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32068634
Risholmen 15, 2650 Hvidovre
Free credit report Annual report

Company information

Official name
THURMANN HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About THURMANN HOLDING ApS

THURMANN HOLDING ApS (CVR number: 32068634) is a company from HVIDOVRE. The company recorded a gross profit of -9.9 kDKK in 2024. The operating profit was -9.9 kDKK, while net earnings were 1192.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 71 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. THURMANN HOLDING ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit-11.13-12.03-19.00-8.51-9.87
EBIT-11.13-12.03-19.00-8.51-9.87
Net earnings1 696.17134.421 288.99788.841 192.68
Shareholders equity total5 527.275 661.696 950.687 739.518 932.19
Balance sheet total (assets)12 986.1213 646.6311 164.9011 775.4612 575.06
Net debt6 876.487 309.853 609.323 451.563 085.42
Profitability
EBIT-%
ROA15.0 %3.8 %12.0 %9.4 %11.2 %
ROE36.2 %2.4 %20.4 %10.7 %14.3 %
ROI15.6 %4.0 %12.4 %9.7 %11.5 %
Economic value added (EVA)- 512.98- 636.71- 675.68- 545.72- 584.26
Solvency
Equity ratio42.6 %41.5 %62.3 %65.7 %71.0 %
Gearing126.2 %132.2 %54.5 %47.9 %36.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.90.80.81.0
Current ratio0.90.90.80.81.0
Cash and cash equivalents97.07175.31179.81255.79183.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.0%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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