Thai Food ApS — Credit Rating and Financial Key Figures

CVR number: 26060516
Østergade 22, 3400 Hillerød

Credit rating

Company information

Official name
Thai Food ApS
Personnel
27 persons
Established
2001
Company form
Private limited company
Industry
  • Expand more icon561110

About Thai Food ApS

Thai Food ApS (CVR number: 26060516) is a company from HILLERØD. The company recorded a gross profit of 4834.3 kDKK in 2023. The operating profit was 42.9 kDKK, while net earnings were 28.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Thai Food ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit5 100.295 566.306 257.936 231.974 834.28
EBIT268.42382.11890.831 218.9342.94
Net earnings178.22283.81686.67966.7628.57
Shareholders equity total2 536.772 610.572 487.253 054.002 876.57
Balance sheet total (assets)4 152.554 470.124 768.525 548.754 769.35
Net debt- 673.43-1 284.69-1 584.38-1 054.78- 903.04
Profitability
EBIT-%
ROA6.9 %9.0 %19.5 %24.6 %2.0 %
ROE7.1 %11.0 %26.9 %34.9 %1.0 %
ROI9.8 %13.8 %32.5 %41.5 %3.2 %
Economic value added (EVA)87.68201.21626.90901.45-65.86
Solvency
Equity ratio61.1 %58.4 %52.2 %55.0 %60.3 %
Gearing0.3 %6.5 %4.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.11.01.21.3
Current ratio0.91.31.31.71.6
Cash and cash equivalents673.431 284.691 592.521 252.281 024.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.04%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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