Fantastic Thai Massage & Spa ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fantastic Thai Massage & Spa ApS
Fantastic Thai Massage & Spa ApS (CVR number: 40492399) is a company from FREDERIKSSUND. The company recorded a gross profit of 406.1 kDKK in 2023. The operating profit was -31 kDKK, while net earnings were -26.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -9.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.1 %, 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. Fantastic Thai Massage & Spa ApS's liquidity measured by quick ratio was 2.1 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 | 100.33 | 173.41 | 625.13 | 406.11 | |
EBIT | 100.33 | 5.71 | 184.71 | -31.05 | |
Net earnings | 106.34 | 3.66 | 142.71 | -26.45 | |
Shareholders equity total | 156.34 | 156.34 | 160.00 | 302.71 | 276.26 |
Balance sheet total (assets) | 324.58 | 324.58 | 404.08 | 453.83 | 520.39 |
Net debt | -52.88 | -52.88 | - 233.97 | - 453.83 | - 114.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 30.9 % | 1.6 % | 43.1 % | -6.4 % | |
ROE | 68.0 % | 2.3 % | 61.7 % | -9.1 % | |
ROI | 64.2 % | 2.3 % | 58.4 % | -9.3 % | |
Economic value added (EVA) | 100.33 | -5.20 | -1.53 | 155.91 | -17.08 |
Solvency | |||||
Equity ratio | 48.2 % | 48.2 % | 39.6 % | 66.7 % | 53.1 % |
Gearing | 106.3 % | 31.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.8 | 1.7 | 4.2 | 2.1 |
Current ratio | 1.8 | 1.8 | 1.7 | 4.2 | 2.1 |
Cash and cash equivalents | 52.88 | 52.88 | 404.08 | 453.83 | 202.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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