T Thorsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T Thorsen Holding ApS
T Thorsen Holding ApS (CVR number: 37163481) is a company from SILKEBORG. The company recorded a gross profit of -5.6 kDKK in 2024. The operating profit was -5.6 kDKK, while net earnings were -365.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.5 %, which can be considered poor and Return on Equity (ROE) was -8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T Thorsen Holding ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -18.31 | -4.75 | -5.19 | -5.42 | -5.56 |
| EBIT | -18.31 | -4.75 | -5.19 | -5.42 | -5.56 |
| Net earnings | 861.79 | 423.76 | 1 512.03 | 211.06 | - 365.33 |
| Shareholders equity total | 2 929.05 | 3 296.31 | 4 633.34 | 4 844.41 | 4 344.08 |
| Balance sheet total (assets) | 3 025.30 | 3 382.85 | 4 766.04 | 4 977.98 | 4 646.93 |
| Net debt | 39.83 | 44.80 | 109.88 | 116.67 | 226.16 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 33.4 % | 13.2 % | 37.1 % | 4.3 % | -6.5 % |
| ROE | 34.1 % | 13.6 % | 38.1 % | 4.5 % | -8.0 % |
| ROI | 33.4 % | 13.3 % | 37.2 % | 4.3 % | -6.6 % |
| Economic value added (EVA) | - 121.36 | - 155.78 | - 172.65 | - 243.72 | - 254.47 |
| Solvency | |||||
| Equity ratio | 96.8 % | 97.4 % | 97.2 % | 97.3 % | 93.5 % |
| Gearing | 3.3 % | 1.7 % | 2.9 % | 2.8 % | 5.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 0.9 | 1.0 | 1.0 | 1.6 |
| Current ratio | 1.0 | 0.9 | 1.0 | 1.0 | 1.6 |
| Cash and cash equivalents | 56.42 | 11.45 | 22.43 | 16.91 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | BBB | BBB |
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