HANDELSSELSKABET THORØ NIELSEN A/S — Credit Rating and Financial Key Figures

CVR number: 17817302
Nordlandsvej 26, 7451 Sunds
thoroe_nielsen@post.tele.dk
tel: 97127788
Free credit report Annual report

Company information

Official name
HANDELSSELSKABET THORØ NIELSEN A/S
Personnel
2 persons
Established
1994
Company form
Limited company
Industry

About HANDELSSELSKABET THORØ NIELSEN A/S

HANDELSSELSKABET THORØ NIELSEN A/S (CVR number: 17817302) is a company from HERNING. The company recorded a gross profit of 2082.3 kDKK in 2024. The operating profit was 358.9 kDKK, while net earnings were 303.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.7 %, 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. HANDELSSELSKABET THORØ NIELSEN A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit1 705.002 375.002 554.001 322.002 082.34
EBIT72.00506.00767.00- 382.00358.94
Net earnings21.00349.00532.00- 314.00303.14
Shareholders equity total1 983.002 332.002 164.001 848.002 150.82
Balance sheet total (assets)20 896.0015 465.003 448.005 677.008 692.79
Net debt-13 213.00-5 599.00-2 193.00-4 079.00-7 919.16
Profitability
EBIT-%
ROA0.6 %2.8 %8.1 %-8.2 %5.8 %
ROE1.1 %16.2 %23.7 %-15.7 %15.2 %
ROI3.3 %21.5 %29.7 %-14.6 %15.5 %
Economic value added (EVA)-26.03960.77767.41- 281.55421.28
Solvency
Equity ratio17.1 %73.4 %62.9 %32.6 %24.7 %
Gearing8.4 %7.9 %21.9 %34.6 %34.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.47.72.71.51.3
Current ratio1.11.22.71.51.3
Cash and cash equivalents13 379.005 784.002 666.004 718.008 658.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:5.79%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.7%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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