Thiesen & Ludvigsen ApS — Credit Rating and Financial Key Figures

CVR number: 38296744
Ladegårdsgade 14, 5610 Assens
info@thiesen-ludvigsen.dk
tel: 63401515
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Credit rating

Company information

Official name
Thiesen & Ludvigsen ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Thiesen & Ludvigsen ApS

Thiesen & Ludvigsen ApS (CVR number: 38296744) is a company from ASSENS. The company recorded a gross profit of 378 kDKK in 2024. The operating profit was -316.9 kDKK, while net earnings were -501.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor and Return on Equity (ROE) was -45 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Thiesen & Ludvigsen ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit995.851 051.88845.611 065.97377.96
EBIT414.41373.63232.66394.89- 316.94
Net earnings247.58491.61121.03183.72- 501.73
Shareholders equity total433.751 466.641 126.971 347.89880.75
Balance sheet total (assets)2 199.307 719.634 358.753 052.854 627.00
Net debt- 400.88361.00867.86886.472 455.18
Profitability
EBIT-%
ROA22.7 %14.1 %5.3 %13.3 %-4.9 %
ROE60.5 %51.7 %9.3 %14.8 %-45.0 %
ROI119.2 %23.0 %7.2 %18.4 %-6.7 %
Economic value added (EVA)302.55267.85- 115.05159.03- 434.52
Solvency
Equity ratio19.7 %19.0 %25.9 %44.2 %19.0 %
Gearing273.6 %177.5 %65.9 %281.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.70.50.30.2
Current ratio1.21.21.21.51.0
Cash and cash equivalents400.883 651.661 132.141.6926.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-4.92%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.0%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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