Thorning & Mickow ApS — Credit Rating and Financial Key Figures

CVR number: 39714760
Helgolandsgade 10, 1653 København V
tel: 30707143
Free credit report Annual report

Credit rating

Company information

Official name
Thorning & Mickow ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Thorning & Mickow ApS

Thorning & Mickow ApS (CVR number: 39714760) is a company from KØBENHAVN. The company recorded a gross profit of 183 kDKK in 2024. The operating profit was -17.1 kDKK, while net earnings were -14.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.3 %, 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. Thorning & Mickow ApS'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit782.00499.00396.00392.00183.02
EBIT34.0027.0049.0059.00-17.11
Net earnings22.0019.0035.0045.00-14.26
Shareholders equity total59.0094.00139.00124.46
Balance sheet total (assets)270.00135.00175.00290.00187.85
Net debt- 188.00- 123.00- 175.00- 239.00-93.18
Profitability
EBIT-%
ROA21.3 %13.3 %31.6 %25.4 %-6.8 %
ROE14.7 %11.6 %45.8 %38.6 %-10.8 %
ROI566.7 %65.9 %59.8 %50.6 %-12.0 %
Economic value added (EVA)25.9919.9232.9741.05-20.65
Solvency
Equity ratio43.7 %53.7 %47.9 %66.3 %
Gearing18.6 %6.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.82.21.93.0
Current ratio1.01.82.21.93.0
Cash and cash equivalents200.00134.00175.00239.00101.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-6.84%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.3%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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