Thurø Bageri ApS — Credit Rating and Financial Key Figures

CVR number: 41295120
Struwestræde 3, Thurø 5700 Svendborg

Credit rating

Company information

Official name
Thurø Bageri ApS
Personnel
42 persons
Established
2020
Domicile
Thurø
Company form
Private limited company
Industry

About Thurø Bageri ApS

Thurø Bageri ApS (CVR number: 41295120) is a company from SVENDBORG. The company recorded a gross profit of 8498.5 kDKK in 2023. The operating profit was 610.4 kDKK, while net earnings were 484.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.4 %, which can be considered excellent and Return on Equity (ROE) was 27.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.2 %, 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. Thurø Bageri ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit7 041.137 910.027 889.868 498.53
EBIT334.22644.26365.51610.37
Net earnings259.93508.75291.10484.47
Shareholders equity total1 109.281 618.031 909.131 593.60
Balance sheet total (assets)2 967.902 967.912 969.843 111.11
Net debt- 480.17- 387.76- 186.74- 566.91
Profitability
EBIT-%
ROA11.7 %22.1 %12.7 %20.4 %
ROE23.4 %37.3 %16.5 %27.7 %
ROI25.9 %42.2 %19.9 %31.7 %
Economic value added (EVA)253.14477.20223.12389.21
Solvency
Equity ratio37.4 %54.5 %64.3 %51.2 %
Gearing1.7 %13.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.31.81.3
Current ratio1.01.42.11.4
Cash and cash equivalents498.91387.76186.74784.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:20.4%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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