THAGAARD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About THAGAARD HOLDING ApS
THAGAARD HOLDING ApS (CVR number: 30902807) is a company from HERNING. The company recorded a gross profit of 4.7 kDKK in 2024. The operating profit was -77.1 kDKK, while net earnings were 516.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.5 %, which can be considered excellent and Return on Equity (ROE) was 30.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.7 %, 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. THAGAARD HOLDING ApS's liquidity measured by quick ratio was 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -24.39 | -4.58 | 12.18 | -7.69 | 4.72 |
EBIT | - 108.98 | -81.13 | -67.12 | -89.30 | -77.08 |
Net earnings | 30.70 | 286.78 | 358.43 | 733.33 | 516.60 |
Shareholders equity total | 486.96 | 660.74 | 904.77 | 1 520.30 | 1 914.90 |
Balance sheet total (assets) | 1 271.14 | 1 491.20 | 1 142.96 | 1 987.64 | 2 465.28 |
Net debt | 616.12 | 636.91 | -85.02 | - 209.06 | - 300.40 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.3 % | 20.1 % | 25.2 % | 45.6 % | 22.5 % |
ROE | 5.8 % | 50.0 % | 45.8 % | 60.5 % | 30.1 % |
ROI | 1.3 % | 21.1 % | 26.9 % | 51.1 % | 24.7 % |
Economic value added (EVA) | - 191.59 | - 124.19 | - 110.06 | - 123.04 | - 147.66 |
Solvency | |||||
Equity ratio | 38.3 % | 44.3 % | 79.2 % | 76.5 % | 77.7 % |
Gearing | 148.6 % | 112.8 % | 17.2 % | 14.2 % | 21.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.3 | 1.5 | 1.4 | 1.6 |
Current ratio | 0.2 | 0.3 | 1.5 | 1.4 | 1.6 |
Cash and cash equivalents | 107.58 | 108.09 | 240.25 | 424.55 | 706.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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