Thai Corner ApS — Credit Rating and Financial Key Figures

CVR number: 37304069
Istedgade 38, 1650 København V
tel: 33256025

Credit rating

Company information

Official name
Thai Corner ApS
Personnel
6 persons
Established
2015
Company form
Private limited company
Industry
  • Expand more icon561110

About Thai Corner ApS

Thai Corner ApS (CVR number: 37304069) is a company from KØBENHAVN. The company recorded a gross profit of 2378.3 kDKK in 2024. The operating profit was 7.5 kDKK, while net earnings were 1.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -36.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Thai Corner ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 796.06
Gross profit503.20235.03992.471 487.492 378.29
EBIT- 421.63- 752.44- 223.1361.907.47
Net earnings- 327.08135.52- 162.4830.431.19
Shareholders equity total- 283.80- 148.28- 310.76- 280.33- 279.14
Balance sheet total (assets)255.74418.31540.82567.29486.71
Net debt-44.13- 103.12134.74-47.02- 186.30
Profitability
EBIT-%-41.9 %
ROA-90.3 %31.8 %-29.1 %7.3 %0.9 %
ROE-208.1 %40.2 %-33.9 %5.5 %0.2 %
ROI-1438.5 %221.4 %-78.5 %18.4 %3.7 %
Economic value added (EVA)- 317.02- 566.65- 154.1266.5839.28
Solvency
Equity ratio-52.6 %-26.2 %-32.8 %-33.1 %-36.4 %
Gearing-107.2 %-117.8 %-109.1 %-36.8 %
Relative net indebtedness %17.0 %
Liquidity
Quick ratio0.30.60.60.60.5
Current ratio0.40.70.60.60.6
Cash and cash equivalents44.13262.05231.45352.79288.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-10.8 %
Credit risk
Credit ratingCBCBB

Variable visualization

ROA:0.93%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-36.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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