Thorstig Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thorstig Holding ApS
Thorstig Holding ApS (CVR number: 38691848) is a company from FREDERIKSBERG. The company recorded a gross profit of -44.1 kDKK in 2024. The operating profit was -44.1 kDKK, while net earnings were -764.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.4 %, which can be considered poor and Return on Equity (ROE) was -61 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.1 %, 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. Thorstig Holding ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -4.70 | -19.27 | -15.63 | -67.63 | -44.13 |
| EBIT | -4.70 | -19.27 | -15.63 | - 594.38 | -44.13 |
| Net earnings | 3 810.17 | 16.89 | 619.85 | -3 512.43 | - 764.70 |
| Shareholders equity total | 9 012.67 | 6 529.56 | 5 149.41 | 1 636.98 | 872.28 |
| Balance sheet total (assets) | 11 935.26 | 10 058.27 | 9 026.83 | 4 571.29 | 3 942.62 |
| Net debt | -1 770.10 | -1 934.01 | - 148.71 | 620.48 | 999.92 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 38.0 % | 1.2 % | 7.8 % | -50.0 % | -15.4 % |
| ROE | 45.6 % | 0.2 % | 10.6 % | -103.5 % | -61.0 % |
| ROI | 40.2 % | 1.3 % | 8.3 % | -51.7 % | -16.4 % |
| Economic value added (EVA) | - 390.59 | - 601.66 | - 470.74 | -1 035.36 | - 263.55 |
| Solvency | |||||
| Equity ratio | 75.5 % | 64.9 % | 57.0 % | 35.8 % | 22.1 % |
| Gearing | 27.6 % | 38.7 % | 70.4 % | 166.7 % | 319.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.0 | 1.8 | 1.2 | 1.1 | 0.8 |
| Current ratio | 2.0 | 2.1 | 1.5 | 1.3 | 1.0 |
| Cash and cash equivalents | 4 257.60 | 4 461.51 | 3 774.88 | 2 109.13 | 1 785.28 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | BB | BBB |
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