THISTEDVEJ ApS — Credit Rating and Financial Key Figures

CVR number: 26686172
Skibbrogade 3, 9000 Aalborg
mh@haugaardbraad.dk
tel: 98775040

Company information

Official name
THISTEDVEJ ApS
Established
2002
Company form
Private limited company
Industry

About THISTEDVEJ ApS

THISTEDVEJ ApS (CVR number: 26686172) is a company from AALBORG. The company recorded a gross profit of 320.7 kDKK in 2024. The operating profit was 520.7 kDKK, while net earnings were 322.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 15.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. THISTEDVEJ ApS's liquidity measured by quick ratio was 1.1 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 profit344.80295.55278.98363.99320.69
EBIT344.80295.55278.98363.99520.70
Net earnings169.31133.95126.51192.55322.47
Shareholders equity total1 420.221 554.171 680.671 873.222 195.69
Balance sheet total (assets)7 098.087 132.747 126.427 117.137 366.66
Net debt4 825.914 724.214 601.984 377.354 258.89
Profitability
EBIT-%
ROA5.0 %4.3 %4.0 %5.2 %7.3 %
ROE12.7 %9.0 %7.8 %10.8 %15.9 %
ROI5.1 %4.4 %4.1 %5.4 %7.5 %
Economic value added (EVA)-76.86- 118.69- 131.55-67.0358.47
Solvency
Equity ratio20.0 %21.8 %23.6 %26.3 %29.8 %
Gearing339.8 %304.0 %273.8 %233.7 %194.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.91.01.11.1
Current ratio0.80.91.01.11.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:7.32%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.8%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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