THORSGADE 24 ApS — Credit Rating and Financial Key Figures

CVR number: 27932037
Hjallesevej 37, 5000 Odense C

Credit rating

Company information

Official name
THORSGADE 24 ApS
Established
2004
Company form
Private limited company
Industry

About THORSGADE 24 ApS

THORSGADE 24 ApS (CVR number: 27932037) is a company from ODENSE. The company recorded a gross profit of 267.4 kDKK in 2024. The operating profit was 267.4 kDKK, while net earnings were 144.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. THORSGADE 24 ApS's liquidity measured by quick ratio was 11.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit319.00-16.11307.45202.72267.44
EBIT319.00-16.11307.45202.72267.44
Net earnings244.9410.43266.2970.63144.84
Shareholders equity total3 791.453 801.884 068.174 138.804 283.63
Balance sheet total (assets)12 223.7012 916.0913 192.8911 591.6811 758.28
Net debt6 685.476 587.546 355.746 163.536 130.59
Profitability
EBIT-%
ROA3.9 %1.3 %3.8 %3.2 %3.9 %
ROE6.7 %0.3 %6.8 %1.7 %3.4 %
ROI4.1 %1.4 %4.4 %3.5 %4.0 %
Economic value added (EVA)- 336.12- 596.17- 328.13- 408.48- 353.80
Solvency
Equity ratio31.0 %29.4 %30.8 %35.7 %36.4 %
Gearing176.3 %173.3 %156.2 %148.9 %143.9 %
Relative net indebtedness %
Liquidity
Quick ratio5.12.62.511.011.5
Current ratio5.12.62.511.011.5
Cash and cash equivalents0.4733.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.93%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.4%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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