M Thorgaard ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 5.13 | 12.56 | 9.53 | |
EBIT | 5.13 | 12.56 | 12.56 | 9.53 |
Net earnings | 4.01 | 9.80 | 9.80 | -70.57 |
Shareholders equity total | 44.01 | 317.91 | 317.91 | 454.94 |
Balance sheet total (assets) | 309.24 | 585.91 | 585.91 | 499.37 |
Net debt | 220.83 | -55.84 | -55.84 | - 315.26 |
Profitability | ||||
EBIT-% | ||||
ROA | 1.7 % | 2.8 % | 2.1 % | 20.2 % |
ROE | 9.1 % | 5.4 % | 3.1 % | -18.3 % |
ROI | 1.7 % | 2.8 % | 2.2 % | -17.4 % |
Economic value added (EVA) | 4.01 | -5.68 | -19.45 | -21.82 |
Solvency | ||||
Equity ratio | 14.2 % | 54.3 % | 54.3 % | 91.1 % |
Gearing | 600.1 % | 83.1 % | 83.1 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.2 | 1.2 | 1.2 | 7.1 |
Current ratio | 0.2 | 1.2 | 1.2 | 7.1 |
Cash and cash equivalents | 43.28 | 319.95 | 319.95 | 315.26 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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