THIIM A/S — Credit Rating and Financial Key Figures

CVR number: 34649510
Transformervej 31, 2860 Søborg

Company information

Official name
THIIM A/S
Personnel
22 persons
Established
1971
Company form
Limited company
Industry

About THIIM A/S

THIIM A/S (CVR number: 34649510) is a company from GLADSAXE. The company recorded a gross profit of 18.7 mDKK in 2024. The operating profit was 5470.8 kDKK, while net earnings were 3918.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.4 %, which can be considered excellent and Return on Equity (ROE) was 56.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. THIIM A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit10 307.6714 224.4819 299.4315 149.3518 746.64
EBIT1 345.634 650.708 523.723 055.385 470.85
Net earnings1 061.823 466.186 209.152 120.623 918.84
Shareholders equity total11 135.787 679.8613 889.025 609.828 329.11
Balance sheet total (assets)17 754.2630 541.2723 736.5917 494.0821 038.96
Net debt-2 271.444 602.14-5.215 768.841 927.73
Profitability
EBIT-%
ROA8.2 %19.3 %31.4 %14.9 %28.4 %
ROE10.0 %36.8 %57.6 %21.8 %56.2 %
ROI13.6 %36.0 %59.7 %24.2 %50.4 %
Economic value added (EVA)543.173 045.555 906.231 794.883 644.39
Solvency
Equity ratio62.7 %25.1 %58.5 %32.1 %39.6 %
Gearing91.5 %102.9 %24.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.60.71.20.60.9
Current ratio2.61.42.31.41.6
Cash and cash equivalents2 271.442 421.935.215.2170.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:28.4%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.6%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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