Thorlyng A/S — Credit Rating and Financial Key Figures

CVR number: 27524451
Lyngbygårdsvej 25, Lyngby 8220 Brabrand

Credit rating

Company information

Official name
Thorlyng A/S
Personnel
1 person
Established
2006
Domicile
Lyngby
Company form
Limited company
Industry

About Thorlyng A/S

Thorlyng A/S (CVR number: 27524451) is a company from AARHUS. The company recorded a gross profit of 3373.3 kDKK in 2023. The operating profit was 1668.4 kDKK, while net earnings were 1654.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 40.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Thorlyng A/S's liquidity measured by quick ratio was 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 profit2 207.574 582.712 392.512 986.613 373.34
EBIT1 172.231 009.391 846.802 446.251 668.43
Net earnings798.42204.431 673.012 037.601 654.23
Shareholders equity total31 049.3231 130.7932 678.2534 587.0036 108.35
Balance sheet total (assets)53 081.0171 293.1587 475.6089 437.5889 923.13
Net debt12 772.6127 357.5548 744.4145 444.9445 079.94
Profitability
EBIT-%
ROA2.9 %1.9 %2.6 %2.8 %2.2 %
ROE2.6 %0.7 %5.2 %6.1 %4.7 %
ROI3.1 %2.0 %2.6 %2.8 %2.2 %
Economic value added (EVA)-1 326.81-1 474.81-1 162.68-1 768.02-2 817.72
Solvency
Equity ratio58.5 %43.7 %37.4 %38.7 %40.2 %
Gearing42.1 %109.5 %151.5 %142.7 %136.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.77.81.73.43.0
Current ratio1.17.81.73.43.0
Cash and cash equivalents300.976 716.09760.483 924.694 348.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:2.20%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.2%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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