THORNICO HOLDING A/S
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
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 earnings | 799 403 230.00 | 296 885 750.00 | 589 407 148.00 |
Shareholders equity total | 3 195 658 501.00 | 3 585 269 380.00 | 3 488 652 433.00 |
Balance sheet total (assets) | 3 276 232 263.00 | 3 639 472 302.00 | 3 551 061 619.00 |
Net debt | 39 639 134.00 | -21 933.00 | -24 158.00 |
Profitability | |||
EBIT-% | |||
ROA | 24.4 % | 8.6 % | 16.4 % |
ROE | 25.0 % | 8.8 % | 16.7 % |
ROI | 24.7 % | 8.8 % | 16.7 % |
Economic value added (EVA) | -69 793.00 | 95 951 366.11 | 115 703 904.90 |
Solvency | |||
Equity ratio | 97.5 % | 98.5 % | 98.2 % |
Gearing | 1.2 % | ||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.4 | 1.5 | 1.5 |
Current ratio | 1.4 | 1.5 | 1.5 |
Cash and cash equivalents | 4 443.00 | 21 933.00 | 24 158.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BBB | BBB |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions
... and more!
No registration needed.