Thagaard Holding Odense ApS — Credit Rating and Financial Key Figures

CVR number: 42481424
Miliegræsset 14, Fraugde 5220 Odense SØ

Credit rating

Company information

Official name
Thagaard Holding Odense ApS
Established
2021
Domicile
Fraugde
Company form
Private limited company
Industry

About Thagaard Holding Odense ApS

Thagaard Holding Odense ApS (CVR number: 42481424) is a company from ODENSE. The company recorded a gross profit of -6.8 kDKK in 2024. The operating profit was -6.8 kDKK, while net earnings were 307.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Thagaard Holding Odense ApS's liquidity measured by quick ratio was 8.1 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
2021
2022
2023
2024
Volume
Net sales
Gross profit-5.00-12.44-6.81-6.81
EBIT-5.00-12.44-6.81-6.81
Net earnings590.87358.29497.66307.32
Shareholders equity total992.991 294.081 732.841 979.16
Balance sheet total (assets)1 175.271 445.971 994.752 201.44
Net debt-3.5881.3747.97
Profitability
EBIT-%
ROA50.2 %27.5 %29.2 %15.4 %
ROE59.5 %31.3 %32.9 %16.6 %
ROI59.4 %31.5 %32.3 %16.4 %
Economic value added (EVA)-3.90-62.34-74.44-96.17
Solvency
Equity ratio84.5 %89.5 %86.9 %89.9 %
Gearing4.9 %6.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.03.91.58.1
Current ratio1.03.91.58.1
Cash and cash equivalents3.583.3882.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.9%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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