thinkability ApS — Credit Rating and Financial Key Figures

CVR number: 37095737
Ravnsbjerg Krat 6, Gjellerup 7400 Herning
think@thinkability.dk
tel: 40931323
www.thinkability.dk

Credit rating

Company information

Official name
thinkability ApS
Personnel
1 person
Established
2015
Domicile
Gjellerup
Company form
Private limited company
Industry

About thinkability ApS

thinkability ApS (CVR number: 37095737) is a company from HERNING. The company recorded a gross profit of 466.4 kDKK in 2023. The operating profit was 108.3 kDKK, while net earnings were 82.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24 %, which can be considered excellent and Return on Equity (ROE) was 26.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.1 %, 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. thinkability ApS's liquidity measured by quick ratio was 3.2 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 profit920.501 188.64600.53439.52466.43
EBIT367.13273.51210.22156.82108.26
Net earnings283.93206.18160.39119.4482.57
Shareholders equity total437.81393.99354.38323.82306.39
Balance sheet total (assets)715.93943.71570.47458.79443.57
Net debt- 417.12- 562.41- 143.03- 104.05- 117.28
Profitability
EBIT-%
ROA49.1 %33.3 %27.8 %30.5 %24.0 %
ROE67.5 %49.6 %42.9 %35.2 %26.2 %
ROI86.1 %64.6 %54.5 %44.1 %32.7 %
Economic value added (EVA)285.44208.65171.12111.3674.07
Solvency
Equity ratio61.2 %41.7 %62.1 %70.6 %69.1 %
Gearing2.2 %3.1 %3.1 %6.6 %3.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.61.72.63.43.2
Current ratio2.61.72.63.43.2
Cash and cash equivalents426.83574.75153.96125.54128.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:24.0%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.1%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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