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 THISTED. The company recorded a gross profit of -7.7 kDKK in 2023. The operating profit was -89.3 kDKK, while net earnings were 733.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.6 %, which can be considered excellent and Return on Equity (ROE) was 60.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.5 %, 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 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 17.93 | -24.39 | -4.58 | 12.18 | -7.69 |
EBIT | -58.67 | - 108.98 | -81.13 | -67.12 | -89.30 |
Net earnings | 371.33 | 30.70 | 286.78 | 358.43 | 733.33 |
Shareholders equity total | 566.85 | 486.96 | 660.74 | 904.77 | 1 520.30 |
Balance sheet total (assets) | 2 192.34 | 1 271.14 | 1 491.20 | 1 142.96 | 1 987.64 |
Net debt | 972.36 | 616.12 | 636.91 | -85.02 | - 209.06 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.5 % | 1.3 % | 20.1 % | 25.2 % | 45.6 % |
ROE | 97.4 % | 5.8 % | 50.0 % | 45.8 % | 60.5 % |
ROI | 22.0 % | 1.3 % | 21.1 % | 26.9 % | 51.1 % |
Economic value added (EVA) | -20.05 | -38.90 | -55.47 | -16.15 | -44.70 |
Solvency | |||||
Equity ratio | 25.9 % | 38.3 % | 44.3 % | 79.2 % | 76.5 % |
Gearing | 273.8 % | 148.6 % | 112.8 % | 17.2 % | 14.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.2 | 0.3 | 1.5 | 1.4 |
Current ratio | 0.4 | 0.2 | 0.3 | 1.5 | 1.4 |
Cash and cash equivalents | 579.91 | 107.58 | 108.09 | 240.25 | 424.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | A |
Variable visualization
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