THWEB GAMES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About THWEB GAMES ApS
THWEB GAMES ApS (CVR number: 33964161) is a company from AALBORG. The company recorded a gross profit of 221.6 kDKK in 2024. The operating profit was -39.6 kDKK, while net earnings were -33.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.2 %, which can be considered poor and Return on Equity (ROE) was -9.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.8 %, 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. THWEB GAMES ApS's liquidity measured by quick ratio was 3.7 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 | 444.67 | 327.38 | 270.70 | 276.12 | 221.65 |
EBIT | 189.19 | 84.66 | 8.04 | 13.98 | -39.63 |
Net earnings | 146.01 | 59.69 | 1.22 | 8.93 | -33.40 |
Shareholders equity total | 425.64 | 360.33 | 361.55 | 370.48 | 337.07 |
Balance sheet total (assets) | 585.80 | 594.05 | 532.64 | 506.70 | 463.11 |
Net debt | - 386.49 | - 327.84 | - 336.49 | - 348.17 | - 277.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 38.4 % | 14.4 % | 1.4 % | 2.7 % | -8.2 % |
ROE | 41.4 % | 15.2 % | 0.3 % | 2.4 % | -9.4 % |
ROI | 54.1 % | 18.7 % | 1.7 % | 3.2 % | -9.7 % |
Economic value added (EVA) | 133.50 | 44.20 | -15.96 | -11.75 | -52.37 |
Solvency | |||||
Equity ratio | 72.7 % | 60.7 % | 67.9 % | 73.1 % | 72.8 % |
Gearing | 32.5 % | 24.5 % | 14.8 % | 15.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.7 | 2.5 | 3.1 | 3.7 | 3.7 |
Current ratio | 3.7 | 2.5 | 3.1 | 3.7 | 3.7 |
Cash and cash equivalents | 386.49 | 445.09 | 425.03 | 402.84 | 328.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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