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THERMWORK, RÅDGIVENDE INGENIØRFIRMA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About THERMWORK, RÅDGIVENDE INGENIØRFIRMA ApS
THERMWORK, RÅDGIVENDE INGENIØRFIRMA ApS (CVR number: 32935834) is a company from ROSKILDE. The company recorded a gross profit of 755.3 kDKK in 2025. The operating profit was -40 kDKK, while net earnings were -41.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.5 %, 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 2.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 424.48 | 1 276.92 | 830.18 | 1 096.52 | 755.35 |
| EBIT | 68.64 | 161.02 | 55.68 | 305.97 | -39.98 |
| Net earnings | 46.80 | 117.54 | 43.55 | 245.03 | -41.86 |
| Shareholders equity total | 813.94 | 874.29 | 879.25 | 624.28 | 514.91 |
| Balance sheet total (assets) | 1 216.08 | 1 129.37 | 1 119.29 | 784.69 | 786.21 |
| Net debt | - 321.16 | - 705.98 | - 870.87 | - 705.74 | - 514.98 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 5.4 % | 13.8 % | 5.4 % | 33.3 % | -5.1 % |
| ROE | 5.7 % | 13.9 % | 5.0 % | 32.6 % | -7.3 % |
| ROI | 8.4 % | 19.1 % | 7.0 % | 42.0 % | -7.0 % |
| Economic value added (EVA) | 7.95 | 79.90 | -4.31 | 192.08 | -69.39 |
| Solvency | |||||
| Equity ratio | 66.9 % | 77.4 % | 78.6 % | 79.6 % | 65.5 % |
| Gearing | 0.6 % | 0.3 % | 0.4 % | 1.4 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.0 | 4.3 | 4.7 | 4.9 | 2.9 |
| Current ratio | 3.0 | 4.3 | 4.7 | 4.9 | 2.9 |
| Cash and cash equivalents | 321.16 | 711.18 | 873.86 | 708.12 | 522.36 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | A | A |
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