THORBJØRN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About THORBJØRN HOLDING ApS
THORBJØRN HOLDING ApS (CVR number: 32058647) is a company from IKAST-BRANDE. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -28.2 % compared to the previous year. The operating profit percentage was at 96.1 % (EBIT: 0.3 mDKK), while net earnings were 284.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.1 %, which can be considered excellent and Return on Equity (ROE) was 95.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. THORBJØRN HOLDING ApS's liquidity measured by quick ratio was 1.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 397.15 | 285.15 | |||
Gross profit | -10.14 | -10.38 | -9.02 | 377.88 | 274.17 |
EBIT | -10.14 | -10.38 | -9.02 | 377.88 | 274.17 |
Net earnings | 32.48 | 5.37 | - 277.12 | 375.75 | 284.27 |
Shareholders equity total | 52.81 | 58.17 | - 218.94 | 156.81 | 441.09 |
Balance sheet total (assets) | 539.48 | 557.46 | 262.74 | 530.18 | 867.85 |
Net debt | 452.39 | 467.14 | 444.02 | 60.65 | - 261.65 |
Profitability | |||||
EBIT-% | 95.1 % | 96.1 % | |||
ROA | 6.6 % | 1.1 % | -51.3 % | 75.2 % | 40.1 % |
ROE | 88.8 % | 9.7 % | -172.7 % | 179.1 % | 95.1 % |
ROI | 6.7 % | 1.1 % | -52.4 % | 77.5 % | 45.6 % |
Economic value added (EVA) | 6.34 | 9.19 | 6.34 | 389.01 | 287.08 |
Solvency | |||||
Equity ratio | 9.8 % | 10.4 % | -45.5 % | 29.6 % | 50.8 % |
Gearing | 906.4 % | 844.5 % | -213.2 % | 64.6 % | 26.0 % |
Relative net indebtedness % | 83.8 % | 17.7 % | |||
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 0.1 | 0.4 | 1.6 |
Current ratio | 0.3 | 0.3 | 0.1 | 0.4 | 1.6 |
Cash and cash equivalents | 26.27 | 24.13 | 22.81 | 40.65 | 376.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -17.5 % | 60.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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