THORBORG EL APS — Credit Rating and Financial Key Figures

CVR number: 42511315
Ørnstrupvej 50, 8700 Horsens
mail@thorborg-el.dk
tel: 30227118
www.thorborg-el.dk

Credit rating

Company information

Official name
THORBORG EL APS
Personnel
2 persons
Established
2021
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About THORBORG EL APS

THORBORG EL APS (CVR number: 42511315) is a company from HORSENS. The company recorded a gross profit of 473.6 kDKK in 2024. The operating profit was 8.1 kDKK, while net earnings were 2.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -42.1 %. 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit505.56419.04473.57
EBIT- 171.18-75.598.07
Net earnings- 180.05-80.332.88
Shareholders equity total-80.05- 160.38- 157.50
Balance sheet total (assets)249.87220.10216.21
Net debt63.35141.94116.01
Profitability
EBIT-%
ROA-51.5 %-21.2 %2.2 %
ROE-72.1 %-34.2 %1.3 %
ROI-65.9 %-28.9 %3.1 %
Economic value added (EVA)- 171.18-61.8122.20
Solvency
Equity ratio-24.3 %-42.2 %-42.1 %
Gearing-321.7 %-163.8 %-170.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.60.6
Current ratio0.80.60.6
Cash and cash equivalents194.20120.77151.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:2.20%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-42.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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