Thoughtway ApS — Credit Rating and Financial Key Figures

CVR number: 38247921
Veksøvej 48, 2700 Brønshøj
hello@thoughtway.eu
tel: 61724262

Company information

Official name
Thoughtway ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Thoughtway ApS

Thoughtway ApS (CVR number: 38247921) is a company from KØBENHAVN. The company recorded a gross profit of -15.8 kDKK in 2022. The operating profit was -15.8 kDKK, while net earnings were -17.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.6 %, which can be considered poor and Return on Equity (ROE) was -36.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.6 %, 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. Thoughtway ApS's liquidity measured by quick ratio was 4.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales328.75
Gross profit257.58201.99-12.53-11.21-15.84
EBIT-45.9969.18-38.48-11.21-15.84
Net earnings-36.3152.55-30.67-21.58-17.13
Shareholders equity total116.31168.86138.1960.1032.98
Balance sheet total (assets)242.20220.98170.1468.1142.47
Net debt-43.18- 192.97- 129.87-64.12-39.51
Profitability
EBIT-%-14.0 %
ROA-19.8 %30.1 %-19.7 %-9.4 %-28.6 %
ROE-27.0 %36.9 %-20.0 %-21.8 %-36.8 %
ROI-31.4 %43.2 %-22.3 %-10.3 %-34.0 %
Economic value added (EVA)-34.4850.67-27.95-7.43-15.64
Solvency
Equity ratio48.0 %76.4 %81.2 %88.3 %77.6 %
Gearing16.3 %11.2 %13.7 %
Relative net indebtedness %19.4 %
Liquidity
Quick ratio1.94.25.38.54.5
Current ratio1.94.25.38.54.5
Cash and cash equivalents62.10211.89148.7864.1239.51
Capital use efficiency
Trade debtors turnover (days)182.1
Net working capital %33.5 %
Credit risk
Credit ratingBBBBCBB

Variable visualization

ROA:-28.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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