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THISTED-FJERRITSLEV CEMENTVAREFABRIK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About THISTED-FJERRITSLEV CEMENTVAREFABRIK A/S
THISTED-FJERRITSLEV CEMENTVAREFABRIK A/S (CVR number: 40749314) is a company from THISTED. The company recorded a gross profit of 103.9 mDKK in 2025. The operating profit was -1980 kDKK, while net earnings were -1927 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. THISTED-FJERRITSLEV CEMENTVAREFABRIK A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 139 000.00 | 141 000.00 | 138 000.00 | 94 220.00 | 103 927.00 |
| EBIT | 4 000.00 | 8 000.00 | 11 000.00 | -8 632.00 | -1 980.00 |
| Net earnings | 3 000.00 | 6 000.00 | 8 000.00 | -7 350.00 | -1 927.00 |
| Shareholders equity total | 45 000.00 | 50 000.00 | 59 000.00 | 45 192.00 | 43 264.00 |
| Balance sheet total (assets) | 141 000.00 | 118 000.00 | 108 000.00 | 103 340.00 | 89 831.00 |
| Net debt | 14 334.00 | 18 389.00 | |||
| Profitability | |||||
| EBIT-% | |||||
| ROA | 3.1 % | 6.2 % | 9.7 % | -7.8 % | -1.5 % |
| ROE | 6.9 % | 12.6 % | 14.7 % | -14.1 % | -4.4 % |
| ROI | 3.1 % | 6.2 % | 9.7 % | -9.5 % | -2.2 % |
| Economic value added (EVA) | 1 889.50 | 5 738.75 | 8 487.50 | -9 666.47 | -4 794.16 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 47.2 % | 49.2 % |
| Gearing | 41.6 % | 44.1 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 0.8 | |||
| Current ratio | 1.5 | 1.5 | |||
| Cash and cash equivalents | 4 445.00 | 688.00 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | BBB | BBB |
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