Thordin ApS — Credit Rating and Financial Key Figures

CVR number: 39577445
Niels Jernes Vej 10, 9220 Aalborg Øst
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Credit rating

Company information

Official name
Thordin ApS
Established
2018
Company form
Private limited company
Industry

About Thordin ApS

Thordin ApS (CVR number: 39577445K) is a company from AALBORG. The company recorded a gross profit of 12.9 mUSD in 2024. The operating profit was 3202.8 kUSD, while net earnings were 3158.6 kUSD. The profitability of the company measured by Return on Assets (ROA) was 44.6 %, which can be considered excellent and Return on Equity (ROE) was 43.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Thordin ApS's liquidity measured by quick ratio was 4.6 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 (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2020
2021
2022
2023
2024
Volume
Net sales4 840.08
Gross profit4 840.0810 293.838 542.809 029.9612 945.79
EBIT4 370.599 718.016 036.726 575.703 202.77
Net earnings3 442.677 550.054 875.765 311.733 158.60
Shareholders equity total3 518.775 866.837 587.198 492.936 029.52
Balance sheet total (assets)4 687.127 832.229 097.4210 663.757 698.90
Net debt-2 507.57-3 900.08-5 825.74-3 279.84-5 542.31
Profitability
EBIT-%90.3 %
ROA125.0 %155.3 %74.1 %71.3 %44.6 %
ROE120.5 %160.9 %72.5 %66.1 %43.5 %
ROI155.0 %207.2 %93.2 %87.7 %56.4 %
Economic value added (EVA)3 297.087 432.684 416.224 746.762 161.09
Solvency
Equity ratio75.1 %74.9 %83.4 %79.6 %78.3 %
Gearing
Relative net indebtedness %-27.7 %
Liquidity
Quick ratio4.04.06.04.94.6
Current ratio4.04.06.04.94.6
Cash and cash equivalents2 507.573 900.085 825.743 279.845 542.31
Capital use efficiency
Trade debtors turnover (days)21.3
Net working capital %72.7 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:44.6%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.3%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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