THOMAS THORUP LAW ADV.APS — Credit Rating and Financial Key Figures

CVR number: 34608792
Landemærket 3, 1119 København K
tt@thomasthoruplaw.com
tel: 30525330
www.thomasthoruplaw.com

Credit rating

Company information

Official name
THOMAS THORUP LAW ADV.APS
Personnel
5 persons
Established
2012
Company form
Private limited company
Industry

About THOMAS THORUP LAW ADV.APS

THOMAS THORUP LAW ADV.APS (CVR number: 34608792) is a company from KØBENHAVN. The company recorded a gross profit of 3287.8 kDKK in 2023. The operating profit was 123 kDKK, while net earnings were 124.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 38.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.3 %, 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. THOMAS THORUP LAW ADV.APS's liquidity measured by quick ratio was 1.4 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
2019
2020
2021
2022
2023
Volume
Net sales4 954.94
Gross profit1 988.561 834.114 954.943 890.383 287.82
EBIT-55.93- 671.02- 136.20208.14123.02
Net earnings-45.20- 535.67- 118.09141.57124.30
Shareholders equity total78.12- 457.55- 575.64261.50385.81
Balance sheet total (assets)757.11882.951 711.77734.361 231.68
Net debt- 343.49- 406.16- 729.24- 236.197.17
Profitability
EBIT-%-2.7 %
ROA-7.0 %-63.7 %-7.4 %14.0 %13.3 %
ROE-44.9 %-111.5 %-9.1 %14.3 %38.4 %
ROI-50.4 %-1711.5 %-746.3 %130.7 %25.6 %
Economic value added (EVA)-40.60- 520.57-72.50229.72123.07
Solvency
Equity ratio18.3 %-37.9 %-25.2 %35.6 %31.3 %
Gearing-6.2 %10.0 %91.0 %
Relative net indebtedness %30.7 %
Liquidity
Quick ratio2.00.70.71.41.4
Current ratio1.00.60.71.41.4
Cash and cash equivalents343.49406.16765.05262.44344.07
Capital use efficiency
Trade debtors turnover (days)46.0
Net working capital %-14.3 %
Credit risk
Credit ratingBBBCBBBBBBB

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.3%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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