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Thark Steel A/S — Credit Rating and Financial Key Figures

CVR number: 39891662
Nordre Industrigade 12, Assens 9550 Mariager
tharksteel@gmail.com
tel: 22702333
Free credit report Annual report

Company information

Official name
Thark Steel A/S
Personnel
3 persons
Established
2018
Domicile
Assens
Company form
Limited company
Industry

About Thark Steel A/S

Thark Steel A/S (CVR number: 39891662) is a company from MARIAGERFJORD. The company recorded a gross profit of 1413.2 kDKK in 2025. The operating profit was 390.4 kDKK, while net earnings were 225.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49.7 %, 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. Thark Steel A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit2 141.521 750.801 562.171 922.861 413.16
EBIT1 352.02840.84598.30845.24390.39
Net earnings1 030.60628.55422.52572.37225.73
Shareholders equity total2 106.262 434.822 457.332 829.702 855.43
Balance sheet total (assets)4 143.884 106.864 235.205 942.435 749.08
Net debt- 849.94- 773.16150.83429.30248.57
Profitability
EBIT-%
ROA38.2 %20.4 %14.4 %16.7 %6.8 %
ROE60.9 %27.7 %17.3 %21.7 %7.9 %
ROI48.3 %24.8 %16.1 %17.8 %7.1 %
Economic value added (EVA)933.78493.13285.21483.8410.68
Solvency
Equity ratio50.8 %59.3 %58.0 %47.6 %49.7 %
Gearing21.3 %31.1 %50.3 %47.4 %42.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.70.90.91.1
Current ratio1.82.21.21.31.5
Cash and cash equivalents1 297.951 529.491 085.16912.26976.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:6.78%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:49.7%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member
Chairman of the board

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