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Thai Corner ApS — Credit Rating and Financial Key Figures

CVR number: 37304069
Istedgade 38, 1650 København V
tel: 33256025
Free credit report Annual report

Company information

Official name
Thai Corner ApS
Personnel
7 persons
Established
2015
Company form
Private limited company
Industry

About Thai Corner ApS

Thai Corner ApS (CVR number: 37304069) is a company from KØBENHAVN. The company recorded a gross profit of 2910.8 kDKK in 2025. The operating profit was 231.6 kDKK, while net earnings were 173.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.5 %, which can be considered excellent and Return on Equity (ROE) was 39.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -21 %. 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 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales1 796.06
Gross profit235.03992.471 487.492 378.292 910.80
EBIT- 752.44- 223.1361.907.47231.64
Net earnings135.52- 162.4830.431.19173.57
Shareholders equity total- 148.28- 310.76- 280.33- 279.14- 105.57
Balance sheet total (assets)418.31540.82567.29486.71397.37
Net debt- 103.12134.74-47.02- 186.30-69.72
Profitability
EBIT-%-41.9 %
ROA31.8 %-29.1 %7.3 %0.9 %36.5 %
ROE40.2 %-33.9 %5.5 %0.2 %39.3 %
ROI221.4 %-78.5 %18.4 %3.7 %239.4 %
Economic value added (EVA)- 568.87- 175.2736.546.19187.93
Solvency
Equity ratio-26.2 %-32.8 %-33.1 %-36.4 %-21.0 %
Gearing-107.2 %-117.8 %-109.1 %-36.8 %-86.0 %
Relative net indebtedness %17.0 %
Liquidity
Quick ratio0.60.60.60.50.4
Current ratio0.70.60.60.60.6
Cash and cash equivalents262.05231.45352.79288.95160.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-10.8 %
Credit risk
Credit ratingCBBBB

Variable visualization

ROA:36.5%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:-21.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
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