THOUGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 25476816
Sct. Mathias Gade 30, 8800 Viborg
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Credit rating

Company information

Official name
THOUGAARD A/S
Personnel
2 persons
Established
2000
Company form
Limited company
Industry

About THOUGAARD A/S

THOUGAARD A/S (CVR number: 25476816) is a company from VIBORG. The company recorded a gross profit of 1379 kDKK in 2024. The operating profit was 364.4 kDKK, while net earnings were 255.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good and Return on Equity (ROE) was 13.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. THOUGAARD A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 094.311 425.811 426.511 736.871 378.98
EBIT189.47541.44258.30694.81364.37
Net earnings124.56413.77177.15525.12255.94
Shareholders equity total1 153.721 397.491 450.641 916.861 872.79
Balance sheet total (assets)2 288.802 290.972 706.753 352.283 701.99
Net debt- 722.86- 601.48- 202.77- 735.03- 809.24
Profitability
EBIT-%
ROA9.0 %23.6 %10.3 %23.0 %10.5 %
ROE11.4 %32.4 %12.4 %31.2 %13.5 %
ROI13.4 %38.8 %16.2 %38.3 %18.9 %
Economic value added (EVA)69.50356.04108.07455.07179.79
Solvency
Equity ratio50.4 %63.8 %59.0 %62.6 %53.9 %
Gearing12.2 %7.0 %16.0 %1.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.51.31.40.9
Current ratio2.02.62.32.11.8
Cash and cash equivalents863.82699.34434.74735.03835.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.5%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.9%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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