Thorg ApS

CVR number: 38440462
Buddingevej 77 B, 2800 Kgs. Lyngby

Credit rating

Company information

Official name
Thorg ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About Thorg ApS

Thorg ApS (CVR number: 38440462) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 1071.8 kDKK in 2023. The operating profit was 13.7 kDKK, while net earnings were 21.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 51.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Thorg ApS's liquidity measured by quick ratio was 1.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit335.10799.98760.221 043.931 071.83
EBIT89.38- 568.56361.08169.0813.67
Net earnings72.02- 440.25286.15141.9021.13
Shareholders equity total222.73461.91604.05576.33387.27
Balance sheet total (assets)498.801 250.21727.12757.95756.46
Net debt- 126.15- 136.738.50- 150.56- 185.21
Profitability
EBIT-%
ROA19.1 %-64.5 %37.2 %24.5 %3.6 %
ROE29.2 %-128.6 %53.7 %24.0 %4.4 %
ROI35.5 %-158.6 %67.1 %30.0 %5.5 %
Economic value added (EVA)59.87- 448.33265.30102.61-10.54
Solvency
Equity ratio44.7 %36.9 %83.1 %76.0 %51.2 %
Gearing5.0 %0.7 %2.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.56.13.61.9
Current ratio1.61.56.13.61.9
Cash and cash equivalents126.15136.7321.50154.48195.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:3.58%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.2%
Rating: 41/100
-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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