Thorsen A/S — Credit Rating and Financial Key Figures

CVR number: 21250600
Toldvagten 2, 7100 Vejle

Company information

Official name
Thorsen A/S
Personnel
8 persons
Established
1998
Company form
Limited company
Industry

About Thorsen A/S

Thorsen A/S (CVR number: 21250600K) is a company from VEJLE. The company recorded a gross profit of 45.3 mDKK in 2024. The operating profit was 5455 kDKK, while net earnings were 8375 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Thorsen A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit59 638.0027 951.007 595.002 876.0045 251.00
EBIT-2 874.002 224.00-1 804.00-3 470.005 455.00
Net earnings10 736.0045 087.0044 993.0029 478.008 375.00
Shareholders equity total140 406.00165 146.00204 138.00225 554.00211 867.00
Balance sheet total (assets)223 594.00195 756.00232 225.00278 705.00262 375.00
Net debt-11 228.0015 178.0014 442.0017 446.0030 686.00
Profitability
EBIT-%
ROA1.5 %21.0 %21.3 %12.1 %4.1 %
ROE8.9 %31.2 %24.5 %13.8 %3.9 %
ROI1.9 %24.2 %21.7 %12.5 %4.3 %
Economic value added (EVA)-11 194.70-6 304.99-12 181.50-15 939.04-7 561.75
Solvency
Equity ratio63.5 %84.9 %88.3 %81.0 %80.8 %
Gearing17.3 %16.1 %12.2 %17.8 %19.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.41.01.3
Current ratio1.41.41.31.11.5
Cash and cash equivalents35 517.0011 488.0010 554.0022 711.0010 797.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:4.13%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.8%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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