THUNDER ROAD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About THUNDER ROAD HOLDING ApS
THUNDER ROAD HOLDING ApS (CVR number: 35891919) is a company from KØBENHAVN. The company recorded a gross profit of -6.4 kDKK in 2024. The operating profit was -6.4 kDKK, while net earnings were -140.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -13.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.3 %, 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. THUNDER ROAD HOLDING ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.01 | -5.84 | -7.27 | -6.31 | -6.39 |
EBIT | -5.01 | -5.84 | -7.27 | -6.31 | -6.39 |
Net earnings | 65.56 | 387.92 | 346.59 | -14.07 | - 140.19 |
Shareholders equity total | 705.20 | 981.98 | 1 214.17 | 1 100.10 | 909.91 |
Balance sheet total (assets) | 954.13 | 1 333.83 | 1 360.09 | 1 312.63 | 1 176.91 |
Net debt | 157.56 | -31.39 | 63.95 | 155.89 | 216.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.1 % | 35.6 % | 26.2 % | -0.8 % | -10.1 % |
ROE | 9.0 % | 46.0 % | 31.6 % | -1.2 % | -13.9 % |
ROI | 8.2 % | 36.0 % | 26.9 % | -0.8 % | -10.4 % |
Economic value added (EVA) | -50.58 | -53.60 | -73.37 | -72.11 | -70.26 |
Solvency | |||||
Equity ratio | 73.9 % | 73.6 % | 89.3 % | 83.8 % | 77.3 % |
Gearing | 34.8 % | 34.0 % | 7.8 % | 15.5 % | 24.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.0 | 3.0 | 2.4 | 1.9 |
Current ratio | 0.8 | 1.0 | 3.0 | 2.4 | 1.9 |
Cash and cash equivalents | 87.63 | 364.79 | 31.21 | 14.90 | 8.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
Variable visualization
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