Thermo King Container - Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 13615993
Silkeborgvej 2, 8000 Aarhus C
financenordic@tranetechnologies.com
tel: 21246212

Credit rating

Company information

Official name
Thermo King Container - Denmark A/S
Personnel
3 persons
Established
1989
Company form
Limited company
Industry

About Thermo King Container - Denmark A/S

Thermo King Container - Denmark A/S (CVR number: 13615993) is a company from AARHUS. The company recorded a gross profit of 2149.8 kDKK in 2023. The operating profit was 1904.4 kDKK, while net earnings were 6414 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Thermo King Container - Denmark A/S's liquidity measured by quick ratio was 75.5 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 profit2 294.393 120.012 049.782 148.332 149.76
EBIT2 206.052 877.081 814.001 900.201 904.45
Net earnings12 447.57-16 650.6820 321.6320 910.356 413.98
Shareholders equity total290 790.02274 139.33294 460.96315 371.31321 785.28
Balance sheet total (assets)298 533.84275 496.80299 768.61323 850.66331 357.56
Net debt-1 547.37-2 830.91-3 039.55- 320 169.98- 327 506.31
Profitability
EBIT-%
ROA5.6 %2.3 %9.0 %8.6 %5.9 %
ROE4.4 %-5.9 %7.1 %6.9 %2.0 %
ROI5.7 %2.3 %9.1 %8.6 %6.0 %
Economic value added (EVA)-12 263.69-12 269.78-12 215.78-13 157.711 769.55
Solvency
Equity ratio97.4 %99.5 %98.2 %97.0 %95.8 %
Gearing0.0 %0.0 %0.4 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio89.6220.9151.9261.775.5
Current ratio89.6220.9151.9261.775.5
Cash and cash equivalents1 568.172 830.913 077.29321 407.49328 788.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBB

Variable visualization

ROA:5.91%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.8%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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