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
24 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 9207.1 kDKK in 2023. The operating profit was 6990 kDKK, while net earnings were 5435.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.3 %, which can be considered excellent and Return on Equity (ROE) was 80.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.4 %, 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 2.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 804.384 358.495 089.096 915.299 207.10
EBIT2 239.142 671.962 984.844 681.456 990.01
Net earnings1 741.692 043.922 256.473 640.685 435.49
Shareholders equity total5 258.665 702.586 159.057 599.735 935.49
Balance sheet total (assets)10 219.9711 625.0414 076.4815 248.6415 986.03
Net debt-4 146.99-5 486.66-8 709.92-9 398.97-8 070.54
Profitability
EBIT-%
ROA25.7 %24.5 %23.3 %32.0 %45.3 %
ROE36.8 %37.3 %38.0 %52.9 %80.3 %
ROI41.5 %41.1 %44.3 %61.8 %81.3 %
Economic value added (EVA)1 695.512 040.422 321.133 779.645 541.22
Solvency
Equity ratio53.9 %54.4 %53.6 %55.4 %53.4 %
Gearing4.4 %0.8 %42.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.62.72.42.2
Current ratio2.32.21.82.02.0
Cash and cash equivalents4 377.565 533.288 709.929 398.9710 570.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:45.3%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.4%
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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