THING COMPANY ApS — Credit Rating and Financial Key Figures

CVR number: 33361076
Hammershusvej 3 B, 7400 Herning
kc@thing-dk.dk
tel: 97212257

Credit rating

Company information

Official name
THING COMPANY ApS
Personnel
2 persons
Established
2010
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About THING COMPANY ApS

THING COMPANY ApS (CVR number: 33361076) is a company from HERNING. The company recorded a gross profit of 2116.3 kDKK in 2024. The operating profit was 1062.6 kDKK, while net earnings were 815 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.3 %, which can be considered excellent and Return on Equity (ROE) was 26.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. THING COMPANY ApS's liquidity measured by quick ratio was 1.4 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 044.301 375.862 568.332 942.432 116.35
EBIT341.75656.841 749.031 954.031 062.60
Net earnings226.55501.031 349.251 498.13815.02
Shareholders equity total379.75880.782 172.823 170.962 985.97
Balance sheet total (assets)2 233.402 200.643 657.694 440.454 667.99
Net debt635.88- 331.97169.02- 238.77-61.66
Profitability
EBIT-%
ROA17.6 %29.6 %59.7 %48.3 %23.3 %
ROE85.0 %79.5 %88.4 %56.1 %26.5 %
ROI26.6 %49.9 %92.9 %66.8 %29.9 %
Economic value added (EVA)228.45504.201 351.221 415.49689.77
Solvency
Equity ratio17.0 %40.0 %59.4 %71.4 %64.0 %
Gearing253.7 %45.7 %14.2 %6.2 %25.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.11.01.71.4
Current ratio1.11.62.43.42.7
Cash and cash equivalents327.36734.76138.58436.24809.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:23.3%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.0%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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