THORSEN MØBLER A/S — Credit Rating and Financial Key Figures

CVR number: 73536928
Viborgvej 175, Hasle 8210 Aarhus V
tel: 86752998

Credit rating

Company information

Official name
THORSEN MØBLER A/S
Personnel
29 persons
Established
1984
Domicile
Hasle
Company form
Limited company
Industry

About THORSEN MØBLER A/S

THORSEN MØBLER A/S (CVR number: 73536928) is a company from AARHUS. The company recorded a gross profit of 9848.5 kDKK in 2024. The operating profit was -1759.7 kDKK, while net earnings were -2474.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.9 %, which can be considered poor and Return on Equity (ROE) was -32.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. THORSEN MØBLER A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit13 730.7620 610.8516 222.2011 826.659 848.55
EBIT4 658.288 272.842 944.78- 949.88-1 759.73
Net earnings3 468.776 182.941 927.35-1 518.96-2 474.87
Shareholders equity total13 311.3915 494.3310 421.686 902.718 427.84
Balance sheet total (assets)30 016.5932 800.8434 902.0129 174.2730 670.17
Net debt-7 695.30-6 570.454 784.7212 079.489 198.50
Profitability
EBIT-%
ROA16.9 %26.4 %8.8 %-2.9 %-5.9 %
ROE25.4 %42.9 %14.9 %-17.5 %-32.3 %
ROI33.4 %54.8 %16.5 %-4.7 %-9.0 %
Economic value added (EVA)3 122.936 159.051 819.80-1 035.14-1 691.03
Solvency
Equity ratio55.8 %59.2 %35.7 %26.6 %33.4 %
Gearing0.9 %93.2 %188.0 %126.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.00.40.20.3
Current ratio1.71.81.31.21.3
Cash and cash equivalents7 695.306 716.214 929.12898.891 434.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-5.86%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.4%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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