THORSON HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29608296
Holmevej 151, 8270 Højbjerg
ftn@electronic-connect.com
tel: 61709243
www.epso.dk

Company information

Official name
THORSON HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About THORSON HOLDING ApS

THORSON HOLDING ApS (CVR number: 29608296) is a company from AARHUS. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a decline of -54.7 % compared to the previous year. The operating profit percentage was at 98.8 % (EBIT: 0.4 mDKK), while net earnings were 396.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. 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. THORSON HOLDING ApS's liquidity measured by quick ratio was 3.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales723.16328.872 054.70900.35407.49
Gross profit718.77322.202 049.43891.51402.55
EBIT718.77322.202 049.43891.51402.55
Net earnings718.12320.472 069.33887.89396.48
Shareholders equity total2 318.102 527.974 484.305 257.795 536.47
Balance sheet total (assets)2 340.452 558.874 507.495 497.045 952.07
Net debt- 585.64- 775.00-42.17- 699.66-1 028.81
Profitability
EBIT-%99.4 %98.0 %99.7 %99.0 %98.8 %
ROA35.4 %13.2 %58.7 %17.8 %7.2 %
ROE35.7 %13.2 %59.0 %18.2 %7.3 %
ROI35.5 %13.2 %59.0 %17.9 %7.2 %
Economic value added (EVA)773.75400.402 122.671 042.86630.14
Solvency
Equity ratio98.6 %98.4 %99.3 %95.6 %93.0 %
Gearing0.4 %0.7 %4.5 %7.5 %
Relative net indebtedness %-77.8 %-228.6 %-0.4 %-77.3 %-251.7 %
Liquidity
Quick ratio18.719.520.63.93.5
Current ratio18.719.520.63.93.5
Cash and cash equivalents594.48792.5542.17935.261 441.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %77.8 %229.3 %31.9 %77.7 %252.1 %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:7.24%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.0%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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