K Thorsen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39149966
Brahesborgvej 41, Erritsø 7000 Fredericia

Credit rating

Company information

Official name
K Thorsen Holding ApS
Established
2017
Domicile
Erritsø
Company form
Private limited company
Industry

About K Thorsen Holding ApS

K Thorsen Holding ApS (CVR number: 39149966) is a company from FREDERICIA. The company recorded a gross profit of -5.7 kDKK in 2024. The operating profit was -5.7 kDKK, while net earnings were 37.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 69 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K Thorsen Holding ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-5.58-3.95-5.20-5.24-5.67
EBIT-5.58-3.95-5.20-5.24-5.67
Net earnings305.5642.68136.53151.9037.11
Shareholders equity total343.34386.03522.55674.46589.57
Balance sheet total (assets)474.09440.30778.96959.92854.25
Net debt128.6647.1149.9583.5649.39
Profitability
EBIT-%
ROA118.1 %9.1 %22.4 %18.2 %5.0 %
ROE160.3 %11.7 %30.1 %25.4 %5.9 %
ROI119.1 %9.2 %22.7 %18.4 %5.1 %
Economic value added (EVA)-3.7411.6013.8530.7326.38
Solvency
Equity ratio72.4 %87.7 %67.1 %70.3 %69.0 %
Gearing37.5 %12.6 %47.1 %41.5 %43.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.80.91.31.0
Current ratio1.00.80.91.31.0
Cash and cash equivalents0.091.41196.39196.15209.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.05%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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