THINK ABOUT IT K/S — Credit Rating and Financial Key Figures

CVR number: 20416076
Hejrevej 30, 2400 København NV

Company information

Official name
THINK ABOUT IT K/S
Personnel
2 persons
Established
1999
Company form
Limited partnership
Industry

About THINK ABOUT IT K/S

THINK ABOUT IT K/S (CVR number: 20416076) is a company from KØBENHAVN. The company recorded a gross profit of 954.3 kDKK in 2023. The operating profit was 103.9 kDKK, while net earnings were -7.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -69.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. THINK ABOUT IT K/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit595.381 310.92- 262.48377.65954.25
EBIT- 113.63677.30-1 097.58- 273.68103.95
Net earnings- 149.61644.13-1 148.97- 364.12-7.43
Shareholders equity total- 380.79- 438.66-1 587.64-1 951.75-1 697.54
Balance sheet total (assets)574.481 156.79423.41511.36860.42
Net debt541.80311.731 409.831 806.461 938.50
Profitability
EBIT-%
ROA-15.0 %53.1 %-60.9 %-12.2 %4.2 %
ROE-32.9 %74.4 %-145.4 %-77.9 %-1.1 %
ROI-24.9 %86.3 %-89.2 %-16.6 %5.6 %
Economic value added (EVA)-86.52713.82-1 027.34- 175.51219.69
Solvency
Equity ratio-44.0 %-29.9 %-78.9 %-80.2 %-69.5 %
Gearing-150.3 %-210.5 %-90.0 %-92.8 %-114.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.80.20.10.3
Current ratio0.50.70.20.10.3
Cash and cash equivalents30.50611.4818.293.922.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:4.16%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-69.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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