F. Thorsager Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About F. Thorsager Holding ApS
F. Thorsager Holding ApS (CVR number: 39919583) is a company from SILKEBORG. The company recorded a gross profit of -5.5 kDKK in 2023. The operating profit was -5.5 kDKK, while net earnings were -5.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.3 %, which can be considered poor and Return on Equity (ROE) was -49.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. F. Thorsager Holding ApS's liquidity measured by quick ratio was 3.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -5.40 | -6.32 | -3.51 | -5.83 | -5.46 |
| EBIT | -5.40 | -6.32 | -3.51 | -5.83 | -5.46 |
| Net earnings | -20.40 | -6.35 | -3.60 | -5.84 | -5.45 |
| Shareholders equity total | 29.60 | 23.25 | 19.65 | 13.81 | 8.36 |
| Balance sheet total (assets) | 33.07 | 29.58 | 23.15 | 17.75 | 12.30 |
| Net debt | -8.07 | -29.58 | -23.12 | -17.72 | -12.27 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -61.7 % | -20.2 % | -13.3 % | -28.5 % | -36.3 % |
| ROE | -68.9 % | -24.0 % | -16.8 % | -34.9 % | -49.1 % |
| ROI | -68.9 % | -23.9 % | -16.4 % | -34.9 % | -49.1 % |
| Economic value added (EVA) | -5.40 | -7.40 | -3.19 | -5.66 | -5.26 |
| Solvency | |||||
| Equity ratio | 89.5 % | 78.6 % | 84.9 % | 77.8 % | 68.0 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 9.5 | 4.7 | 6.6 | 4.5 | 3.1 |
| Current ratio | 9.5 | 4.7 | 6.6 | 4.5 | 3.1 |
| Cash and cash equivalents | 8.07 | 29.58 | 23.12 | 17.72 | 12.27 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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