J. TH Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37371831
Safirvej 5, 3060 Espergærde

Credit rating

Company information

Official name
J. TH Holding ApS
Established
2016
Company form
Private limited company
Industry

About J. TH Holding ApS

J. TH Holding ApS (CVR number: 37371831) is a company from HELSINGØR. The company recorded a gross profit of -2.9 kDKK in 2023. The operating profit was -2.9 kDKK, while net earnings were 63.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 60 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. J. TH Holding ApS's liquidity measured by quick ratio was 2.4 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-1.35-2.30-1.23-2.82-2.92
EBIT-1.35-2.30-1.23-2.82-2.92
Net earnings65.56615.67506.5627.8963.74
Shareholders equity total243.80802.971 249.531 217.421 181.17
Balance sheet total (assets)534.641 541.461 897.901 884.651 968.99
Net debt- 345.17- 354.80-37.40-24.87-63.63
Profitability
EBIT-%
ROA14.9 %61.5 %30.8 %2.9 %5.0 %
ROE31.1 %117.6 %49.4 %2.3 %5.3 %
ROI30.9 %122.0 %51.6 %4.4 %8.0 %
Economic value added (EVA)7.7410.0519.800.352.41
Solvency
Equity ratio45.6 %52.1 %65.8 %64.6 %60.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.51.42.41.82.4
Current ratio1.51.42.41.82.4
Cash and cash equivalents345.17354.8037.4024.8763.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.97%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.0%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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