THOMAS GADE ApS — Credit Rating and Financial Key Figures

CVR number: 26209021
Parkvej 6, 4220 Korsør
thomasgade@me.com
tel: 24241303

Company information

Official name
THOMAS GADE ApS
Personnel
1 person
Established
2001
Company form
Private limited company
Industry

About THOMAS GADE ApS

THOMAS GADE ApS (CVR number: 26209021) is a company from SLAGELSE. The company recorded a gross profit of 1402.8 kDKK in 2023. The operating profit was 1204.5 kDKK, while net earnings were 966.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.8 %, which can be considered excellent and Return on Equity (ROE) was 34.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.9 %, 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. THOMAS GADE ApS's liquidity measured by quick ratio was 2.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit78.35-70.71361.24898.431 402.76
EBIT11.97- 197.81336.66798.121 204.53
Net earnings19.03- 661.31301.67399.65966.05
Shareholders equity total2 449.181 787.862 089.542 374.793 223.04
Balance sheet total (assets)3 408.422 866.382 726.202 688.434 135.47
Net debt- 247.28807.14- 343.46-1 242.19-1 803.04
Profitability
EBIT-%
ROA1.2 %-20.2 %14.3 %33.6 %36.8 %
ROE0.8 %-31.2 %15.6 %17.9 %34.5 %
ROI1.5 %-25.2 %17.0 %40.8 %44.8 %
Economic value added (EVA)-99.18- 244.20256.99499.65880.79
Solvency
Equity ratio71.9 %62.4 %76.6 %88.3 %77.9 %
Gearing45.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.51.55.02.5
Current ratio1.21.11.55.03.0
Cash and cash equivalents247.28343.461 242.191 803.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:36.8%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.9%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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