THORSHØJGÅRD FONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About THORSHØJGÅRD FONDEN
THORSHØJGÅRD FONDEN (CVR number: 18279088) is a company from GRIBSKOV. The company recorded a gross profit of 36.4 kDKK in 2023. The operating profit was -114.4 kDKK, while net earnings were 88.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.9 %, 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. THORSHØJGÅRD FONDEN's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 183.29 | 209.05 | 760.35 | 639.05 | 36.41 |
EBIT | - 372.16 | 125.96 | 702.15 | 417.03 | - 114.44 |
Net earnings | - 224.63 | 111.49 | 544.12 | 285.58 | 88.34 |
Shareholders equity total | 4 409.13 | 3 756.68 | 4 318.00 | 7 454.51 | 7 783.98 |
Balance sheet total (assets) | 10 051.65 | 8 970.61 | 10 402.19 | 14 896.64 | 15 003.81 |
Net debt | 2 976.38 | 2 820.64 | 2 523.18 | 2 358.81 | 2 105.41 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.6 % | 1.6 % | 7.2 % | 3.3 % | 1.3 % |
ROE | -5.0 % | 2.7 % | 13.5 % | 4.9 % | 1.2 % |
ROI | -3.8 % | 1.7 % | 7.8 % | 3.4 % | 1.3 % |
Economic value added (EVA) | - 607.93 | - 210.81 | 395.34 | 84.28 | - 594.54 |
Solvency | |||||
Equity ratio | 43.9 % | 41.9 % | 41.5 % | 50.0 % | 51.9 % |
Gearing | 69.1 % | 75.6 % | 87.7 % | 50.2 % | 43.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 2.2 | 3.8 | 1.4 |
Current ratio | 0.4 | 0.4 | 2.8 | 4.9 | 1.8 |
Cash and cash equivalents | 70.91 | 18.76 | 1 265.04 | 1 381.58 | 1 270.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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