THORUP TEKNIK A/S — Credit Rating and Financial Key Figures

CVR number: 19138887
Torupvej 4, 7950 Erslev
jane@thorupteknik.dk
tel: 97741105
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Company information

Official name
THORUP TEKNIK A/S
Personnel
23 persons
Established
1996
Company form
Limited company
Industry

About THORUP TEKNIK A/S

THORUP TEKNIK A/S (CVR number: 19138887) is a company from MORSØ. The company recorded a gross profit of 6206.7 kDKK in 2024. The operating profit was 3873.7 kDKK, while net earnings were 3026 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.6 %, which can be considered excellent and Return on Equity (ROE) was 61.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. THORUP TEKNIK A/S's liquidity measured by quick ratio was 2.1 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 profit4 358.495 089.096 915.299 207.106 206.71
EBIT2 671.962 984.844 681.456 990.013 873.71
Net earnings2 043.922 256.473 640.685 435.493 026.02
Shareholders equity total5 702.586 159.057 599.735 935.493 961.51
Balance sheet total (assets)11 625.0414 076.4815 248.6415 986.0311 095.74
Net debt-5 486.66-8 709.92-9 398.97-8 070.54-3 366.46
Profitability
EBIT-%
ROA24.5 %23.3 %32.0 %45.3 %29.6 %
ROE37.3 %38.0 %52.9 %80.3 %61.2 %
ROI41.1 %44.3 %61.8 %81.3 %52.1 %
Economic value added (EVA)1 791.192 025.653 310.775 027.822 572.22
Solvency
Equity ratio54.4 %53.6 %55.4 %53.4 %52.6 %
Gearing0.8 %42.1 %50.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.72.42.22.1
Current ratio2.21.82.02.01.9
Cash and cash equivalents5 533.288 709.929 398.9710 570.545 366.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:29.6%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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