J. TH Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 65.56 | 615.67 | 506.56 | 27.89 | 63.74 |
Shareholders equity total | 243.80 | 802.97 | 1 249.53 | 1 217.42 | 1 181.17 |
Balance sheet total (assets) | 534.64 | 1 541.46 | 1 897.90 | 1 884.65 | 1 968.99 |
Net debt | - 345.17 | - 354.80 | -37.40 | -24.87 | -63.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.9 % | 61.5 % | 30.8 % | 2.9 % | 5.0 % |
ROE | 31.1 % | 117.6 % | 49.4 % | 2.3 % | 5.3 % |
ROI | 30.9 % | 122.0 % | 51.6 % | 4.4 % | 8.0 % |
Economic value added (EVA) | 7.74 | 10.05 | 19.80 | 0.35 | 2.41 |
Solvency | |||||
Equity ratio | 45.6 % | 52.1 % | 65.8 % | 64.6 % | 60.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.4 | 2.4 | 1.8 | 2.4 |
Current ratio | 1.5 | 1.4 | 2.4 | 1.8 | 2.4 |
Cash and cash equivalents | 345.17 | 354.80 | 37.40 | 24.87 | 63.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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