Thinesen Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 42444405
Hulemosevej 124, Hundslev 5300 Kerteminde

Company information

Official name
Thinesen Ejendomme A/S
Personnel
1 person
Established
2021
Domicile
Hundslev
Company form
Limited company
Industry

About Thinesen Ejendomme A/S

Thinesen Ejendomme A/S (CVR number: 42444405) is a company from KERTEMINDE. The company recorded a gross profit of 883.2 kDKK in 2024. The operating profit was 614.2 kDKK, while net earnings were 220.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 31.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Thinesen Ejendomme A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit438.00739.001 005.20883.17
EBIT283.00433.00590.99614.18
Net earnings31.00154.00281.49220.69
Shareholders equity total4 281.004 312.004 466.004 747.904 968.59
Balance sheet total (assets)12 993.0013 936.0013 656.0014 405.9615 639.43
Net debt5 353.007 731.007 130.007 269.718 031.03
Profitability
EBIT-%
ROA2.1 %3.1 %4.2 %4.1 %
ROE0.7 %3.5 %6.1 %4.5 %
ROI2.2 %3.4 %4.6 %4.6 %
Economic value added (EVA)-49.63- 209.78- 105.34-80.21
Solvency
Equity ratio32.9 %30.9 %32.7 %33.0 %31.8 %
Gearing161.9 %180.0 %160.1 %153.1 %161.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.10.00.00.1
Current ratio1.50.10.00.00.1
Cash and cash equivalents1 576.0029.0021.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:4.09%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.8%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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