'THAARUPS TØMRERFORRETNING A/S' — Credit Rating and Financial Key Figures

CVR number: 13271070
Doggerbanke 10, 9850 Hirtshals
joergen@thaarup-hirtshals.dk

Credit rating

Company information

Official name
'THAARUPS TØMRERFORRETNING A/S'
Personnel
1 person
Established
1989
Company form
Limited company
Industry

About 'THAARUPS TØMRERFORRETNING A/S'

'THAARUPS TØMRERFORRETNING A/S' (CVR number: 13271070) is a company from HJØRRING. The company recorded a gross profit of 891 kDKK in 2023. The operating profit was -188.1 kDKK, while net earnings were -177.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.6 %, which can be considered poor and Return on Equity (ROE) was -16.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.2 %, 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. 'THAARUPS TØMRERFORRETNING A/S''s liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit2 688.502 274.123 090.402 687.44890.98
EBIT487.87192.98997.31455.18- 188.08
Net earnings381.49141.78760.36345.83- 177.72
Shareholders equity total1 374.561 136.341 755.701 341.53818.81
Balance sheet total (assets)2 661.733 197.253 461.812 681.031 456.11
Net debt-1 570.84-1 708.63-2 167.94-1 211.41- 701.81
Profitability
EBIT-%
ROA21.4 %6.6 %30.0 %14.8 %-8.6 %
ROE30.4 %11.3 %52.6 %22.3 %-16.5 %
ROI34.6 %12.9 %60.2 %24.0 %-11.4 %
Economic value added (EVA)343.55172.63815.52386.65- 170.75
Solvency
Equity ratio51.6 %35.5 %50.7 %50.0 %56.2 %
Gearing18.4 %17.1 %10.6 %35.4 %56.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.41.81.62.2
Current ratio1.81.41.91.82.2
Cash and cash equivalents1 823.721 903.022 353.621 686.371 161.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:-8.59%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.2%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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