16 16 Thisted ApS — Credit Rating and Financial Key Figures

CVR number: 40236554
Gyvelvej 76, 7700 Thisted

Credit rating

Company information

Official name
16 16 Thisted ApS
Personnel
5 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon561110

About 16 16 Thisted ApS

16 16 Thisted ApS (CVR number: 40236554) is a company from THISTED. The company recorded a gross profit of 914.1 kDKK in 2024. The operating profit was 175.7 kDKK, while net earnings were 126.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.5 %, 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. 16 16 Thisted ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit753.73617.39824.09841.91914.09
EBIT139.11196.21208.20228.74175.71
Net earnings98.74129.14142.36160.46126.92
Shareholders equity total246.29375.44517.80678.26805.18
Balance sheet total (assets)1 352.121 135.481 323.721 385.401 353.46
Net debt58.39126.23-10.08- 245.57- 474.72
Profitability
EBIT-%
ROA11.2 %15.8 %16.9 %16.9 %12.8 %
ROE50.1 %41.5 %31.9 %26.8 %17.1 %
ROI32.6 %26.0 %22.2 %20.6 %15.7 %
Economic value added (EVA)104.96159.79158.55178.89137.74
Solvency
Equity ratio18.2 %33.1 %39.1 %49.0 %59.5 %
Gearing181.1 %113.4 %103.2 %66.7 %32.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.71.01.4
Current ratio0.40.40.71.11.5
Cash and cash equivalents387.55299.36544.63698.25736.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.5%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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