THA HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About THA HOLDING A/S
THA HOLDING A/S (CVR number: 25878485) is a company from AARHUS. The company recorded a gross profit of -57.9 kDKK in 2024. The operating profit was -57.9 kDKK, while net earnings were 2203.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THA HOLDING A/S's liquidity measured by quick ratio was 1553 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 | -80.81 | -35.12 | -43.00 | -58.35 | -57.89 |
| EBIT | -80.81 | -35.12 | -43.00 | -58.35 | -57.89 |
| Net earnings | 2 550.08 | 2 888.53 | 535.01 | 4 427.15 | 2 203.17 |
| Shareholders equity total | 38 843.12 | 39 731.64 | 38 266.65 | 40 693.80 | 40 896.97 |
| Balance sheet total (assets) | 39 448.66 | 40 124.41 | 38 279.65 | 41 387.19 | 40 909.97 |
| Net debt | -12 327.64 | -12 715.51 | -12 795.52 | -14 700.05 | -16 619.77 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 8.2 % | 8.1 % | 2.0 % | 13.0 % | 6.1 % |
| ROE | 6.6 % | 7.4 % | 1.4 % | 11.2 % | 5.4 % |
| ROI | 8.4 % | 8.2 % | 2.0 % | 13.1 % | 6.1 % |
| Economic value added (EVA) | 472.21 | 278.49 | 290.36 | 184.19 | 259.94 |
| Solvency | |||||
| Equity ratio | 98.5 % | 99.0 % | 100.0 % | 98.3 % | 100.0 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 27.6 | 49.4 | 1 481.2 | 30.8 | 1 553.0 |
| Current ratio | 27.6 | 49.4 | 1 481.2 | 30.8 | 1 553.0 |
| Cash and cash equivalents | 12 327.64 | 12 715.51 | 12 795.52 | 14 700.05 | 16 619.77 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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