TORBEN THOMSEN HOLDING APS — Credit Rating and Financial Key Figures

CVR number: 27438059
Hjorterodsvej 14, 8500 Grenaa
t.thomsen@nrdn.dk
tel: 41969911

Credit rating

Company information

Official name
TORBEN THOMSEN HOLDING APS
Established
2003
Company form
Private limited company
Industry

About TORBEN THOMSEN HOLDING APS

TORBEN THOMSEN HOLDING APS (CVR number: 27438059) is a company from NORDDJURS. The company recorded a gross profit of -3.3 kDKK in 2023. The operating profit was -3.3 kDKK, while net earnings were 585.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORBEN THOMSEN HOLDING APS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-4.59-4.55-4.58-5.16-3.31
EBIT-4.59-4.55-4.58-5.16-3.31
Net earnings239.10145.8652.442 050.57585.73
Shareholders equity total1 693.141 739.001 691.443 642.013 627.75
Balance sheet total (assets)2 596.522 902.833 082.953 645.763 627.75
Net debt- 110.17-36.21-9.13-39.68- 353.89
Profitability
EBIT-%
ROA10.1 %6.6 %2.3 %73.2 %17.4 %
ROE14.7 %8.5 %3.1 %76.9 %16.1 %
ROI14.8 %10.6 %4.1 %92.3 %17.4 %
Economic value added (EVA)-56.01-58.53-63.58-64.13- 183.08
Solvency
Equity ratio65.2 %59.9 %54.9 %99.9 %100.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.012.4
Current ratio0.30.20.012.4
Cash and cash equivalents110.1736.219.1339.68353.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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