THORBJØRN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32058647
Ørbækvej 75, 7330 Brande

Credit rating

Company information

Official name
THORBJØRN HOLDING ApS
Established
2009
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales397.15285.15
Gross profit-10.14-10.38-9.02377.88274.17
EBIT-10.14-10.38-9.02377.88274.17
Net earnings32.485.37- 277.12375.75284.27
Shareholders equity total52.8158.17- 218.94156.81441.09
Balance sheet total (assets)539.48557.46262.74530.18867.85
Net debt452.39467.14444.0260.65- 261.65
Profitability
EBIT-%95.1 %96.1 %
ROA6.6 %1.1 %-51.3 %75.2 %40.1 %
ROE88.8 %9.7 %-172.7 %179.1 %95.1 %
ROI6.7 %1.1 %-52.4 %77.5 %45.6 %
Economic value added (EVA)6.349.196.34389.01287.08
Solvency
Equity ratio9.8 %10.4 %-45.5 %29.6 %50.8 %
Gearing906.4 %844.5 %-213.2 %64.6 %26.0 %
Relative net indebtedness %83.8 %17.7 %
Liquidity
Quick ratio0.30.30.10.41.6
Current ratio0.30.30.10.41.6
Cash and cash equivalents26.2724.1322.8140.65376.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-17.5 %60.1 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:40.1%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.8%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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