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J. & B. THULSTRUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About J. & B. THULSTRUP ApS
J. & B. THULSTRUP ApS (CVR number: 73557216) is a company from THISTED. The company recorded a gross profit of -71.9 kDKK in 2025. The operating profit was -71.9 kDKK, while net earnings were 374.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. J. & B. THULSTRUP ApS's liquidity measured by quick ratio was 139.8 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -66.26 | -66.20 | -64.79 | -65.72 | -71.90 |
| EBIT | -66.26 | -66.20 | -64.79 | -65.72 | -71.90 |
| Net earnings | 468.18 | -1 264.34 | 666.09 | 673.72 | 374.55 |
| Shareholders equity total | 6 360.72 | 5 096.38 | 5 762.47 | 6 436.18 | 6 810.74 |
| Balance sheet total (assets) | 6 458.77 | 5 106.38 | 5 772.47 | 6 446.19 | 6 859.82 |
| Net debt | -6 458.00 | -5 074.11 | -5 768.82 | -6 274.03 | -6 855.87 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.7 % | -1.1 % | 12.2 % | 11.5 % | 7.4 % |
| ROE | 7.6 % | -22.1 % | 12.3 % | 11.0 % | 5.7 % |
| ROI | 9.8 % | -1.1 % | 12.3 % | 11.5 % | 7.4 % |
| Economic value added (EVA) | - 347.78 | - 385.83 | - 320.88 | - 353.17 | - 379.63 |
| Solvency | |||||
| Equity ratio | 98.5 % | 99.8 % | 99.8 % | 99.8 % | 99.3 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 73.4 | 510.6 | 577.2 | 644.5 | 139.8 |
| Current ratio | 73.4 | 510.6 | 577.2 | 644.5 | 139.8 |
| Cash and cash equivalents | 6 458.00 | 5 074.11 | 5 768.82 | 6 274.03 | 6 855.87 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | AA | AA | AA |
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