Thorø Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thorø Holding ApS
Thorø Holding ApS (CVR number: 41041587) is a company from AALBORG. The company recorded a gross profit of -9.8 kDKK in 2024. The operating profit was -9.8 kDKK, while net earnings were 271.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent and Return on Equity (ROE) was 33 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.4 %, 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. Thorø Holding ApS's liquidity measured by quick ratio was 1.6 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 | 354.49 | ||||
| Gross profit | -2.50 | -1.50 | 352.24 | -5.00 | -9.81 |
| EBIT | -2.50 | -1.50 | 352.24 | -5.00 | -9.81 |
| Net earnings | 4.13 | 388.88 | 350.62 | 117.51 | 271.52 |
| Shareholders equity total | 44.13 | 433.01 | 708.18 | 766.79 | 877.31 |
| Balance sheet total (assets) | 46.63 | 477.01 | 1 700.09 | 1 605.49 | 1 502.83 |
| Net debt | 40.00 | 878.87 | 715.25 | 524.02 | |
| Profitability | |||||
| EBIT-% | 99.4 % | ||||
| ROA | 8.9 % | 148.2 % | 32.4 % | 9.0 % | 19.5 % |
| ROE | 9.4 % | 163.0 % | 61.4 % | 15.9 % | 33.0 % |
| ROI | 9.4 % | 150.1 % | 34.2 % | 9.7 % | 21.1 % |
| Economic value added (EVA) | -2.50 | -3.72 | 329.01 | -84.75 | -84.30 |
| Solvency | |||||
| Equity ratio | 94.6 % | 90.8 % | 41.7 % | 47.8 % | 58.4 % |
| Gearing | 9.2 % | 124.1 % | 93.3 % | 59.7 % | |
| Relative net indebtedness % | 279.8 % | ||||
| Liquidity | |||||
| Quick ratio | 0.0 | 0.9 | 1.4 | 1.6 | |
| Current ratio | 0.0 | 0.9 | 1.4 | 1.6 | |
| Cash and cash equivalents | 0.31 | 0.00 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -28.5 % | ||||
| Credit risk | |||||
| Credit rating | BB | BBB | A | BBB | BBB |
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