thinktank ApS — Credit Rating and Financial Key Figures

CVR number: 37081779
Ravnsbjerg Krat 6, Gjellerup 7400 Herning
larslb@thinktank.dk
www.thinktank.dk

Credit rating

Company information

Official name
thinktank ApS
Established
2015
Domicile
Gjellerup
Company form
Private limited company
Industry

About thinktank ApS

thinktank ApS (CVR number: 37081779) is a company from HERNING. The company recorded a gross profit of 97.7 kDKK in 2023. The operating profit was 97.7 kDKK, while net earnings were 142.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.8 %, which can be considered excellent and Return on Equity (ROE) was 22.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65 %, 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. thinktank 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 profit-2.26-6.23-3.37-4.5597.68
EBIT-2.26-6.23-3.37-4.5597.68
Net earnings307.56-12.81263.4753.75142.24
Shareholders equity total643.82520.41670.88610.23637.47
Balance sheet total (assets)700.08581.01995.66872.26980.01
Net debt- 305.37- 483.84- 633.86- 493.58- 504.66
Profitability
EBIT-%
ROA54.7 %0.4 %37.9 %17.5 %19.8 %
ROE56.5 %-2.2 %44.2 %8.4 %22.8 %
ROI56.9 %99.7 %38.5 %18.4 %21.1 %
Economic value added (EVA)-0.88-19.73-0.1110.4284.36
Solvency
Equity ratio92.0 %89.6 %67.4 %70.0 %65.0 %
Gearing4.0 %9.1 %46.5 %30.7 %48.5 %
Relative net indebtedness %
Liquidity
Quick ratio6.18.82.92.82.5
Current ratio6.18.82.92.82.5
Cash and cash equivalents330.86531.01945.66680.95813.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:19.8%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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