THORNICO HOLDING A/S

CVR number: 35258000
Havnegade 36, 5000 Odense C

Credit rating

Company information

Official name
THORNICO HOLDING A/S
Established
2013
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About the company

THORNICO HOLDING A/S (CVR number: 35258000) is a company from ODENSE. The company recorded a gross profit of -328125 kDKK in 2023. The operating profit was -328.1 mDKK, while net earnings were 589407.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 16.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORNICO HOLDING A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202120222023
Volume
Net sales
Gross profit-98 300.00- 281 948.00- 328 125.00
EBIT-98 300.00- 281 948.00- 328 125.00
Net earnings799 403 230.00296 885 750.00589 407 148.00
Shareholders equity total3 195 658 501.003 585 269 380.003 488 652 433.00
Balance sheet total (assets)3 276 232 263.003 639 472 302.003 551 061 619.00
Net debt39 639 134.00-21 933.00-24 158.00
Profitability
EBIT-%
ROA24.4 %8.6 %16.4 %
ROE25.0 %8.8 %16.7 %
ROI24.7 %8.8 %16.7 %
Economic value added (EVA)-69 793.0095 951 366.11115 703 904.90
Solvency
Equity ratio97.5 %98.5 %98.2 %
Gearing1.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.51.5
Current ratio1.41.51.5
Cash and cash equivalents4 443.0021 933.0024 158.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:16.4%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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