Thorsen Consulting IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thorsen Consulting IVS
Thorsen Consulting IVS (CVR number: 37046841) is a company from FREDENSBORG. The company recorded a gross profit of 34.3 kDKK in 2019. The operating profit was -78.6 kDKK, while net earnings were -59 kDKK. The profitability of the company measured by Return on Assets (ROA) was -65 %, which can be considered poor and Return on Equity (ROE) was -118.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Thorsen Consulting IVS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 256.67 | 306.64 | 425.69 | 34.25 |
EBIT | -39.78 | 36.75 | 337.41 | -78.56 |
Net earnings | -48.87 | -10.04 | 245.20 | -58.97 |
Shareholders equity total | - 183.84 | - 193.88 | 51.31 | -4.19 |
Balance sheet total (assets) | 741.60 | 331.74 | 188.85 | 48.13 |
Net debt | 669.33 | 484.75 | -3.76 | -18.04 |
Profitability | ||||
EBIT-% | ||||
ROA | -4.2 % | 5.2 % | 94.9 % | -65.0 % |
ROE | -6.6 % | -1.9 % | 128.0 % | -118.6 % |
ROI | -5.6 % | 6.4 % | 109.8 % | -110.2 % |
Economic value added (EVA) | -31.14 | 63.06 | 272.92 | -57.64 |
Solvency | ||||
Equity ratio | -19.9 % | -36.9 % | 27.2 % | -8.0 % |
Gearing | -377.4 % | -250.0 % | 119.2 % | -213.3 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.5 | 0.2 | 0.7 | 0.5 |
Current ratio | 0.5 | 0.2 | 0.7 | 0.5 |
Cash and cash equivalents | 24.52 | 64.94 | 26.96 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
Variable visualization
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