Thoughtway ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 328.75 | ||||
Gross profit | 257.58 | 201.99 | -12.53 | -11.21 | -15.84 |
EBIT | -45.99 | 69.18 | -38.48 | -11.21 | -15.84 |
Net earnings | -36.31 | 52.55 | -30.67 | -21.58 | -17.13 |
Shareholders equity total | 116.31 | 168.86 | 138.19 | 60.10 | 32.98 |
Balance sheet total (assets) | 242.20 | 220.98 | 170.14 | 68.11 | 42.47 |
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) | -34.48 | 50.67 | -27.95 | -7.43 | -15.64 |
Solvency | |||||
Equity ratio | 48.0 % | 76.4 % | 81.2 % | 88.3 % | 77.6 % |
Gearing | 16.3 % | 11.2 % | 13.7 % | ||
Relative net indebtedness % | 19.4 % | ||||
Liquidity | |||||
Quick ratio | 1.9 | 4.2 | 5.3 | 8.5 | 4.5 |
Current ratio | 1.9 | 4.2 | 5.3 | 8.5 | 4.5 |
Cash and cash equivalents | 62.10 | 211.89 | 148.78 | 64.12 | 39.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 182.1 | ||||
Net working capital % | 33.5 % | ||||
Credit risk | |||||
Credit rating | BB | BB | C | B | B |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.