J. Aa. Therkelsen & Søn A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About J. Aa. Therkelsen & Søn A/S
J. Aa. Therkelsen & Søn A/S (CVR number: 32592716) is a company from HOLSTEBRO. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -50.7 kDKK, while net earnings were 79.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. J. Aa. Therkelsen & Søn A/S's liquidity measured by quick ratio was 13 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | |||||
| EBIT | -57.91 | -53.84 | -56.61 | -52.37 | -50.74 |
| Net earnings | 13.22 | 401.11 | -6.83 | 296.53 | 79.48 |
| Shareholders equity total | 6 608.47 | 6 896.58 | 6 775.35 | 6 954.07 | 5 033.56 |
| Balance sheet total (assets) | 7 081.35 | 7 329.51 | 7 169.48 | 7 319.99 | 5 453.45 |
| Net debt | -6 451.97 | -6 913.24 | -6 786.44 | -6 957.43 | -5 041.55 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.9 % | 6.4 % | 0.4 % | 4.4 % | 2.1 % |
| ROE | 0.2 % | 5.9 % | -0.1 % | 4.3 % | 1.3 % |
| ROI | 0.9 % | 6.4 % | 0.4 % | 4.5 % | 2.1 % |
| Economic value added (EVA) | -27.38 | -30.25 | -35.08 | -33.06 | -33.24 |
| Solvency | |||||
| Equity ratio | 93.3 % | 94.1 % | 94.5 % | 95.0 % | 92.3 % |
| Gearing | 6.8 % | 6.0 % | 5.5 % | 5.0 % | 7.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 14.6 | 16.9 | 18.2 | 20.0 | 13.0 |
| Current ratio | 14.6 | 16.9 | 18.2 | 20.0 | 13.0 |
| Cash and cash equivalents | 6 903.85 | 7 325.18 | 7 159.56 | 7 302.35 | 5 440.44 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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