THOR EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 27979742
Tungelund Bakker 7, 8881 Thorsø

Company information

Official name
THOR EJENDOMME ApS
Established
2004
Company form
Private limited company
Industry

About THOR EJENDOMME ApS

THOR EJENDOMME ApS (CVR number: 27979742) is a company from FAVRSKOV. The company recorded a gross profit of 1599.6 kDKK in 2023. The operating profit was 1479.6 kDKK, while net earnings were 319 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. THOR EJENDOMME ApS's liquidity measured by quick ratio was 0.1 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 profit1 469.981 334.131 473.851 338.381 599.58
EBIT1 007.461 111.241 163.851 083.381 479.58
Net earnings520.82571.02608.97370.59318.99
Shareholders equity total6 286.837 019.868 067.508 573.328 781.76
Balance sheet total (assets)33 179.6433 297.5532 957.6033 043.6133 014.80
Net debt23 873.8323 351.3622 392.8921 918.4821 633.69
Profitability
EBIT-%
ROA3.2 %3.5 %3.6 %3.4 %4.7 %
ROE8.6 %8.6 %8.1 %4.5 %3.7 %
ROI3.4 %3.6 %3.7 %3.5 %4.7 %
Economic value added (EVA)- 403.90- 311.62- 246.59- 324.07-32.32
Solvency
Equity ratio18.9 %21.1 %24.5 %25.9 %26.6 %
Gearing379.9 %332.6 %278.3 %258.7 %250.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.1
Current ratio0.00.00.00.10.1
Cash and cash equivalents10.6662.47264.12363.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:4.68%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.6%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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