TORBEN THINESEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31579872
Egestubben 9 A, Næsby 5270 Odense N
tel: 66191515

Company information

Official name
TORBEN THINESEN HOLDING ApS
Established
2008
Domicile
Næsby
Company form
Private limited company
Industry

About TORBEN THINESEN HOLDING ApS

TORBEN THINESEN HOLDING ApS (CVR number: 31579872) is a company from ODENSE. The company recorded a gross profit of 110.7 kDKK in 2023. The operating profit was 91.3 kDKK, while net earnings were 943.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TORBEN THINESEN HOLDING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit127.70172.96100.84189.53110.72
EBIT109.65153.5581.44170.1291.26
Net earnings1 065.44406.62754.96- 575.73943.44
Shareholders equity total8 363.508 714.819 356.778 437.849 263.48
Balance sheet total (assets)12 107.4912 286.1313 302.8412 537.4013 313.20
Net debt3 436.413 168.953 339.243 943.273 895.29
Profitability
EBIT-%
ROA12.6 %5.3 %9.9 %11.0 %8.2 %
ROE13.6 %4.8 %8.4 %-6.5 %10.7 %
ROI12.7 %5.4 %10.1 %11.3 %8.3 %
Economic value added (EVA)- 303.18- 327.37- 384.88- 315.22- 461.63
Solvency
Equity ratio69.1 %70.9 %70.3 %67.3 %69.6 %
Gearing42.2 %39.5 %36.7 %46.7 %42.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.10.10.60.6
Current ratio1.31.10.10.60.6
Cash and cash equivalents89.58269.9294.371.281.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.20%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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