THUESEN & THUESEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About THUESEN & THUESEN ApS
THUESEN & THUESEN ApS (CVR number: 10084865) is a company from HOLBÆK. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a growth of 13.4 % compared to the previous year. The operating profit percentage was poor at -27.4 % (EBIT: -0.2 mDKK), while net earnings were -4.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26 %, 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. THUESEN & THUESEN ApS's liquidity measured by quick ratio was 0.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 402.44 | 319.99 | 508.68 | 704.36 | 798.70 |
Gross profit | 234.70 | 173.91 | 265.19 | 419.53 | 297.91 |
EBIT | -10.67 | -13.93 | 16.10 | -16.88 | - 218.69 |
Net earnings | -10.80 | 21.51 | 50.63 | 18.52 | -4.17 |
Shareholders equity total | 46.01 | 67.52 | 118.15 | 136.67 | 132.50 |
Balance sheet total (assets) | 356.43 | 423.10 | 346.48 | 429.51 | 509.40 |
Net debt | 23.66 | - 118.63 | -40.04 | 60.13 | 164.73 |
Profitability | |||||
EBIT-% | -2.7 % | -4.4 % | 3.2 % | -2.4 % | -27.4 % |
ROA | -2.7 % | -3.6 % | 13.4 % | 4.8 % | -10.1 % |
ROE | -7.0 % | 37.9 % | 54.5 % | 14.5 % | -3.1 % |
ROI | -16.7 % | -11.4 % | 42.1 % | 9.7 % | -14.9 % |
Economic value added (EVA) | 0.75 | -0.40 | 30.04 | -10.62 | - 143.08 |
Solvency | |||||
Equity ratio | 12.9 % | 16.0 % | 34.1 % | 31.8 % | 26.0 % |
Gearing | 177.1 % | 72.8 % | 9.1 % | 87.5 % | 187.4 % |
Relative net indebtedness % | 62.8 % | 58.7 % | 34.9 % | 33.1 % | 36.7 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | 0.6 | 0.6 | 0.6 |
Current ratio | 0.6 | 0.7 | 0.6 | 0.6 | 0.6 |
Cash and cash equivalents | 57.82 | 167.75 | 50.75 | 59.50 | 83.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 106.4 | 40.2 | 28.7 | 21.5 | 0.7 |
Net working capital % | -32.6 % | -34.3 % | -18.6 % | -15.9 % | -20.9 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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