M Thorgaard ApS — Credit Rating and Financial Key Figures

CVR number: 42353647
Langøgade 17, 2100 København Ø
mettejacobs@yahoo.com
tel: 22991577
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Company information

Official name
M Thorgaard ApS
Established
2021
Company form
Private limited company
Industry

About M Thorgaard ApS

M Thorgaard ApS (CVR number: 42353647) is a company from KØBENHAVN. The company recorded a gross profit of 9.5 kDKK in 2024. The operating profit was 9.5 kDKK, while net earnings were -70.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.2 %, which can be considered excellent but Return on Equity (ROE) was -18.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M Thorgaard ApS's liquidity measured by quick ratio was 7.1 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
2021
2022
2023
2024
Volume
Net sales
Gross profit5.1312.569.53
EBIT5.1312.5612.569.53
Net earnings4.019.809.80-70.57
Shareholders equity total44.01317.91317.91454.94
Balance sheet total (assets)309.24585.91585.91499.37
Net debt220.83-55.84-55.84- 315.26
Profitability
EBIT-%
ROA1.7 %2.8 %2.1 %20.2 %
ROE9.1 %5.4 %3.1 %-18.3 %
ROI1.7 %2.8 %2.2 %-17.4 %
Economic value added (EVA)4.01-5.68-19.45-21.82
Solvency
Equity ratio14.2 %54.3 %54.3 %91.1 %
Gearing600.1 %83.1 %83.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.21.27.1
Current ratio0.21.21.27.1
Cash and cash equivalents43.28319.95319.95315.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:20.2%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.1%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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