Thor Gruppen A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thor Gruppen A/S
Thor Gruppen A/S (CVR number: 27520057) is a company from FAVRSKOV. The company recorded a gross profit of -243.9 kDKK in 2023. The operating profit was -807.8 kDKK, while net earnings were 741.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Thor Gruppen A/S's liquidity measured by quick ratio was 6.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -55.39 | - 426.75 | - 162.72 | - 301.04 | - 243.90 |
| EBIT | - 445.09 | - 901.95 | - 441.83 | - 547.79 | - 807.78 |
| Net earnings | 935.50 | 873.03 | 2 322.97 | 4 937.84 | 741.18 |
| Shareholders equity total | 27 501.67 | 29 296.71 | 32 428.28 | 37 542.58 | 37 934.94 |
| Balance sheet total (assets) | 36 534.67 | 49 803.71 | 44 185.47 | 42 345.92 | 40 778.33 |
| Net debt | 8 887.45 | 3 907.88 | 6 254.49 | -3 951.68 | -8 169.46 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 3.3 % | 2.5 % | 6.7 % | 13.0 % | 3.0 % |
| ROE | 3.5 % | 3.1 % | 7.5 % | 14.1 % | 2.0 % |
| ROI | 3.3 % | 2.9 % | 7.6 % | 13.3 % | 3.1 % |
| Economic value added (EVA) | - 130.69 | - 344.32 | 809.40 | 0.43 | - 940.54 |
| Solvency | |||||
| Equity ratio | 75.3 % | 58.8 % | 73.4 % | 88.7 % | 93.0 % |
| Gearing | 32.3 % | 32.2 % | 34.3 % | 9.0 % | 5.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.8 | 0.7 | 1.1 | 3.5 | 6.3 |
| Current ratio | 0.8 | 0.7 | 1.1 | 3.5 | 6.3 |
| Cash and cash equivalents | 5 532.78 | 4 867.01 | 7 317.34 | 10 229.81 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | A | AA | AA | AA |
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