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: 21250600) is a company from VEJLE. The company recorded a gross profit of 7802 kDKK in 2024. The operating profit was 2103 kDKK, while net earnings were 7053 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91.2 %, 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 2.6 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 profit7 639.009 143.007 588.00- 564.007 802.00
EBIT16.001 001.00-1 405.00-6 537.002 103.00
Net earnings7 601.0043 305.0044 790.0028 165.007 053.00
Shareholders equity total124 536.00164 505.00203 295.00223 460.00208 513.00
Balance sheet total (assets)144 984.00190 980.00221 096.00260 079.00228 589.00
Net debt11 683.0014 837.008 604.0012 886.008 639.00
Profitability
EBIT-%
ROA5.9 %25.9 %22.1 %11.9 %2.9 %
ROE6.3 %30.0 %24.4 %13.2 %3.3 %
ROI6.0 %26.5 %22.4 %12.0 %2.9 %
Economic value added (EVA)-6 659.82-6 092.24-10 970.63-17 503.46-11 514.59
Solvency
Equity ratio86.6 %86.7 %92.4 %85.9 %91.2 %
Gearing13.0 %13.8 %7.4 %15.8 %9.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.11.71.12.6
Current ratio1.31.01.51.12.6
Cash and cash equivalents4 466.007 918.006 339.0022 514.0010 781.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:2.92%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.2%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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