THOMSEN FOOD LINE A/S — Credit Rating and Financial Key Figures

CVR number: 28114001
P.O. Pedersens Vej 2, Skejby 8200 Aarhus N
tel: 86186100

Credit rating

Company information

Official name
THOMSEN FOOD LINE A/S
Personnel
12 persons
Established
2004
Domicile
Skejby
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About THOMSEN FOOD LINE A/S

THOMSEN FOOD LINE A/S (CVR number: 28114001) is a company from AARHUS. The company reported a net sales of 381.9 mDKK in 2023, demonstrating a growth of 2.2 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 2.8 mDKK), while net earnings were 1007 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 16.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. THOMSEN FOOD LINE A/S's liquidity measured by quick ratio was 1.2 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales470.66342.06302.70373.57381.93
Gross profit6.897.758.4410.9812.03
EBIT-1.21-1.331.102.202.77
Net earnings-1.76-2.610.000.911.01
Shareholders equity total12.939.349.4110.2010.05
Balance sheet total (assets)99.0643.5847.7762.4060.79
Net debt12.2111.13
Profitability
EBIT-%-0.3 %-0.4 %0.4 %0.6 %0.7 %
ROA-1.7 %-1.9 %2.4 %4.5 %5.0 %
ROE-12.7 %-23.4 %0.0 %9.2 %9.9 %
ROI-2.0 %-1.9 %2.4 %6.4 %10.0 %
Economic value added (EVA)-1.74-1.980.631.231.95
Solvency
Equity ratio100.0 %100.0 %100.0 %16.6 %16.8 %
Gearing182.9 %222.4 %
Relative net indebtedness %12.3 %10.3 %
Liquidity
Quick ratio1.01.2
Current ratio1.21.2
Cash and cash equivalents6.4411.23
Capital use efficiency
Trade debtors turnover (days)42.038.1
Net working capital %2.6 %2.8 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.96%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.8%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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