THORNING TRÆTRANSPORT ApS — Credit Rating and Financial Key Figures

CVR number: 31584884
Bødkersmindevej 11, Thorning 8620 Kjellerup
tel: 86880483
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Company information

Official name
THORNING TRÆTRANSPORT ApS
Personnel
3 persons
Established
2008
Domicile
Thorning
Company form
Private limited company
Industry

About THORNING TRÆTRANSPORT ApS

THORNING TRÆTRANSPORT ApS (CVR number: 31584884) is a company from SILKEBORG. The company recorded a gross profit of 2804.7 kDKK in 2024. The operating profit was 368.3 kDKK, while net earnings were 230.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 56.7 %, 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. THORNING TRÆTRANSPORT ApS'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 876.862 427.852 042.282 312.532 804.68
EBIT117.39558.6960.24289.49368.33
Net earnings84.06481.8764.58202.78230.39
Shareholders equity total2 808.403 177.273 127.453 212.443 320.83
Balance sheet total (assets)3 712.324 088.483 863.065 684.085 860.84
Net debt-1 442.99- 727.00- 465.60434.63- 261.83
Profitability
EBIT-%
ROA3.3 %14.3 %1.5 %6.1 %6.4 %
ROE3.0 %16.1 %2.0 %6.4 %7.1 %
ROI4.0 %17.8 %1.8 %6.9 %7.2 %
Economic value added (EVA)-60.33342.18-87.7261.2729.55
Solvency
Equity ratio75.7 %77.7 %81.0 %56.5 %56.7 %
Gearing22.8 %24.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.11.70.91.1
Current ratio2.82.11.70.91.1
Cash and cash equivalents1 442.99727.00465.60297.021 084.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:6.42%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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