THURMANN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32068634
Risholmen 15, 2650 Hvidovre

Credit rating

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 -8.5 kDKK in 2023. The operating profit was -8.5 kDKK, while net earnings were 788.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.7 %, 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 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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-8.75-11.13-12.03-19.00-8.51
EBIT-8.75-11.13-12.03-19.00-8.51
Net earnings593.661 696.17134.421 288.99788.84
Shareholders equity total3 831.105 527.275 661.696 950.687 739.51
Balance sheet total (assets)10 531.4012 986.1213 646.6311 164.9011 775.46
Net debt6 075.456 876.487 309.853 609.323 451.56
Profitability
EBIT-%
ROA6.1 %15.0 %3.8 %12.0 %9.4 %
ROE16.8 %36.2 %2.4 %20.4 %10.7 %
ROI6.4 %15.6 %4.0 %12.4 %9.7 %
Economic value added (EVA)-66.82255.84299.09332.43397.09
Solvency
Equity ratio36.4 %42.6 %41.5 %62.3 %65.7 %
Gearing161.4 %126.2 %132.2 %54.5 %47.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.90.90.80.8
Current ratio0.90.90.90.80.8
Cash and cash equivalents108.9097.07175.31179.81255.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:9.41%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.7%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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