T. Hvas Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38042599
Frijsenborgvej 145, Skjød 8450 Hammel
th@thv.dk
tel: 52170717

Company information

Official name
T. Hvas Holding ApS
Established
2016
Domicile
Skjød
Company form
Private limited company
Industry

About T. Hvas Holding ApS

T. Hvas Holding ApS (CVR number: 38042599) is a company from FAVRSKOV. The company recorded a gross profit of -5.5 kDKK in 2024. The operating profit was -5.5 kDKK, while net earnings were 282.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.3 %, 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. T. Hvas Holding ApS's liquidity measured by quick ratio was 3.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-8.25-7.13-7.13-5.50-5.50
EBIT-8.25-7.13-7.13-5.50-5.50
Net earnings362.59495.86356.52344.76282.39
Shareholders equity total1 147.551 530.421 773.932 000.892 161.28
Balance sheet total (assets)1 417.931 883.282 226.502 552.782 832.19
Net debt- 329.45- 703.39-1 058.12-1 265.31-1 473.92
Profitability
EBIT-%
ROA29.1 %30.2 %18.2 %15.0 %11.4 %
ROE35.5 %37.0 %21.6 %18.3 %13.6 %
ROI29.2 %30.3 %18.3 %15.0 %11.4 %
Economic value added (EVA)24.9729.7733.7539.7043.20
Solvency
Equity ratio80.9 %81.3 %79.7 %78.4 %76.3 %
Gearing23.1 %22.7 %25.2 %27.3 %30.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.23.03.43.33.2
Current ratio2.23.03.43.33.2
Cash and cash equivalents594.831 051.261 505.691 812.212 139.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.3%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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