THORSMARK ApS — Credit Rating and Financial Key Figures

CVR number: 28703678
Sletten 6, Mejlby 8981 Spentrup
Thorsmark11@gmail.com
tel: 23301150

Company information

Official name
THORSMARK ApS
Established
2005
Domicile
Mejlby
Company form
Private limited company
Industry

About THORSMARK ApS

THORSMARK ApS (CVR number: 28703678) is a company from RANDERS. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -90.2 % compared to the previous year. The operating profit percentage was at 99.6 % (EBIT: 0.1 mDKK), while net earnings were 778.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORSMARK ApS's liquidity measured by quick ratio was 14.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales7 975.88202.03210.81750.0073.19
Gross profit7 977.29204.55204.34751.2172.90
EBIT7 977.29204.55204.34751.2172.90
Net earnings9 097.91479.691 330.19- 124.75778.29
Shareholders equity total18 725.9419 095.0320 312.2320 072.4820 732.97
Balance sheet total (assets)19 136.3419 562.7720 867.5420 771.3121 513.68
Net debt-9 784.73-9 755.39-10 813.24-9 376.15-10 402.45
Profitability
EBIT-%100.0 %101.2 %96.9 %100.2 %99.6 %
ROA51.1 %2.9 %8.1 %7.7 %4.8 %
ROE63.9 %2.5 %6.8 %-0.6 %3.8 %
ROI51.3 %2.9 %8.1 %7.7 %4.8 %
Economic value added (EVA)8 121.38199.10194.29578.83128.06
Solvency
Equity ratio97.9 %97.6 %97.3 %96.6 %96.4 %
Gearing1.5 %2.4 %2.7 %3.5 %3.5 %
Relative net indebtedness %-121.0 %-4826.1 %-5127.0 %-1249.5 %-14131.0 %
Liquidity
Quick ratio24.622.120.615.114.4
Current ratio24.622.120.615.114.4
Cash and cash equivalents10 059.5310 218.1311 363.5610 069.9811 123.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %38.3 %-37.5 %-158.3 %85.1 %233.2 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:4.76%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.4%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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