THORBORG EL APS
Credit rating
Company information
About THORBORG EL APS
THORBORG EL APS (CVR number: 42511315) is a company from HORSENS. The company recorded a gross profit of 419 kDKK in 2023. The operating profit was -75.6 kDKK, while net earnings were -80.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.2 %, which can be considered poor and Return on Equity (ROE) was -34.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -42.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. THORBORG EL 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 505.56 | 419.04 |
EBIT | - 171.18 | -75.59 |
Net earnings | - 180.05 | -80.33 |
Shareholders equity total | -80.05 | - 160.38 |
Balance sheet total (assets) | 249.87 | 220.10 |
Net debt | 63.35 | 141.94 |
Profitability | ||
EBIT-% | ||
ROA | -51.5 % | -21.2 % |
ROE | -72.1 % | -34.2 % |
ROI | -65.9 % | -28.9 % |
Economic value added (EVA) | - 171.18 | -61.81 |
Solvency | ||
Equity ratio | -24.3 % | -42.2 % |
Gearing | -321.7 % | -163.8 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 0.8 | 0.6 |
Current ratio | 0.8 | 0.6 |
Cash and cash equivalents | 194.20 | 120.77 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | B | B |
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