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16 16 Thisted ApS — Credit Rating and Financial Key Figures

CVR number: 40236554
Gyvelvej 76, 7700 Thisted
Free credit report Annual report

Credit rating

Company information

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

About 16 16 Thisted ApS

16 16 Thisted ApS (CVR number: 40236554) is a company from THISTED. The company recorded a gross profit of 864.6 kDKK in 2025. The operating profit was 54.7 kDKK, while net earnings were 41.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent and Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.7 %, 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. 16 16 Thisted ApS's liquidity measured by quick ratio was 2.6 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
2025
Volume
Net sales
Gross profit617.39824.09841.91914.09864.61
EBIT196.21208.20228.74175.7154.70
Net earnings129.14142.36160.46126.9241.72
Shareholders equity total375.44517.80678.26805.18846.90
Balance sheet total (assets)1 135.481 323.721 385.401 353.461 090.19
Net debt126.23-10.08- 245.57- 474.72- 536.73
Profitability
EBIT-%
ROA15.8 %16.9 %16.9 %12.8 %4.5 %
ROE41.5 %31.9 %26.8 %17.1 %5.1 %
ROI26.0 %22.2 %20.6 %15.7 %5.6 %
Economic value added (EVA)117.50121.63123.8579.10-12.85
Solvency
Equity ratio33.1 %39.1 %49.0 %59.5 %77.7 %
Gearing113.4 %103.2 %66.7 %32.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.71.01.42.6
Current ratio0.40.71.11.52.6
Cash and cash equivalents299.36544.63698.25736.86536.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.48%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.7%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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