Knold & Thinesen Ejendomsselskab ApS — Credit Rating and Financial Key Figures

CVR number: 37178160
Egestubben 9 A, Næsby 5270 Odense N

Credit rating

Company information

Official name
Knold & Thinesen Ejendomsselskab ApS
Established
2015
Domicile
Næsby
Company form
Private limited company
Industry

About Knold & Thinesen Ejendomsselskab ApS

Knold & Thinesen Ejendomsselskab ApS (CVR number: 37178160) is a company from ODENSE. The company recorded a gross profit of 397.3 kDKK in 2024. The operating profit was 312.7 kDKK, while net earnings were 115.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 15 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Knold & Thinesen Ejendomsselskab ApS's liquidity measured by quick ratio was 2.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit394.64328.37336.13236.75397.25
EBIT302.73241.38251.59152.21312.71
Net earnings224.01140.03142.4329.37115.46
Shareholders equity total398.23538.26680.69710.06825.52
Balance sheet total (assets)4 624.284 604.624 512.424 481.024 569.19
Net debt3 508.753 394.753 431.263 359.973 080.80
Profitability
EBIT-%
ROA6.5 %5.2 %5.5 %3.7 %7.2 %
ROE78.3 %29.9 %23.4 %4.2 %15.0 %
ROI6.8 %5.4 %5.6 %3.7 %7.3 %
Economic value added (EVA)58.46-32.38-31.41- 103.38-31.74
Solvency
Equity ratio8.6 %11.7 %15.1 %15.8 %18.1 %
Gearing1011.7 %736.1 %542.5 %512.8 %431.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.62.21.92.32.9
Current ratio1.62.21.92.32.9
Cash and cash equivalents520.25567.28261.37281.55480.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.18%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.1%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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