THERMWORK, RÅDGIVENDE INGENIØRFIRMA ApS — Credit Rating and Financial Key Figures

CVR number: 32935834
Københavnsvej 69, 4000 Roskilde
bk@thermwork.dk
tel: 60710866
www.thermwork.dk

Credit rating

Company information

Official name
THERMWORK, RÅDGIVENDE INGENIØRFIRMA ApS
Personnel
2 persons
Established
2010
Company form
Private limited company
Industry

About THERMWORK, RÅDGIVENDE INGENIØRFIRMA ApS

THERMWORK, RÅDGIVENDE INGENIØRFIRMA ApS (CVR number: 32935834) is a company from ROSKILDE. The company recorded a gross profit of 830.2 kDKK in 2023. The operating profit was 55.7 kDKK, while net earnings were 43.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.6 %, 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. THERMWORK, RÅDGIVENDE INGENIØRFIRMA ApS's liquidity measured by quick ratio was 4.7 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 profit1 586.101 286.811 424.481 276.92830.18
EBIT184.0098.5868.64161.0255.68
Net earnings200.8874.4646.80117.5443.55
Shareholders equity total804.48823.64813.94874.29879.25
Balance sheet total (assets)1 047.531 343.551 216.081 129.371 119.29
Net debt- 858.67-1 107.88- 321.16- 705.98- 870.87
Profitability
EBIT-%
ROA16.3 %8.2 %5.4 %13.8 %5.4 %
ROE27.5 %9.1 %5.7 %13.9 %5.0 %
ROI24.9 %12.0 %8.4 %19.1 %7.0 %
Economic value added (EVA)168.1233.727.9579.90-4.31
Solvency
Equity ratio76.8 %61.3 %66.9 %77.4 %78.6 %
Gearing1.2 %0.3 %0.6 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.32.53.04.34.7
Current ratio4.32.53.04.34.7
Cash and cash equivalents868.421 110.30321.16711.18873.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.45%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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