THORNAM INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 17883887
Dirch Passers Allé 76, 2000 Frederiksberg

Credit rating

Company information

Official name
THORNAM INVEST ApS
Established
1994
Company form
Private limited company
Industry

About THORNAM INVEST ApS

THORNAM INVEST ApS (CVR number: 17883887) is a company from FREDERIKSBERG. The company recorded a gross profit of -253.5 kDKK in 2023. The operating profit was -253.5 kDKK, while net earnings were 830.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORNAM INVEST ApS's liquidity measured by quick ratio was 71.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 248.42- 291.08- 237.55- 233.75- 253.47
EBIT- 248.42- 291.08- 237.55- 233.75- 253.47
Net earnings- 341.464 359.49- 210.262 952.07830.92
Shareholders equity total25 341.5826 590.4724 280.2124 232.2823 313.19
Balance sheet total (assets)25 506.8327 699.8924 564.6124 763.3123 644.15
Net debt-25 332.87-27 547.86-24 164.85-24 596.93-23 444.80
Profitability
EBIT-%
ROA0.7 %20.4 %1.7 %15.5 %4.5 %
ROE-1.3 %16.8 %-0.8 %12.2 %3.5 %
ROI0.7 %20.9 %1.8 %15.7 %4.6 %
Economic value added (EVA)- 257.85- 234.83- 140.47- 187.15- 178.52
Solvency
Equity ratio99.4 %96.0 %98.8 %97.9 %98.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio154.425.086.446.671.4
Current ratio154.425.086.446.671.4
Cash and cash equivalents25 332.8727 547.8624 164.8524 596.9323 444.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:4.47%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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