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Thisted Frø ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thisted Frø ApS
Thisted Frø ApS (CVR number: 39275953) is a company from THISTED. The company recorded a gross profit of 943.6 kDKK in 2025. The operating profit was 122.6 kDKK, while net earnings were -108.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -40.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Thisted Frø ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 287.72 | 1 161.77 | 1 138.14 | 1 030.83 | 943.64 |
| EBIT | - 124.42 | - 278.88 | 159.52 | 386.64 | 122.61 |
| Net earnings | - 201.07 | - 412.68 | - 386.43 | 169.57 | - 108.10 |
| Shareholders equity total | -1 373.16 | -1 785.84 | -2 172.27 | -2 002.71 | -2 110.80 |
| Balance sheet total (assets) | 3 638.38 | 3 750.30 | 3 110.26 | 3 222.78 | 3 149.97 |
| Net debt | 4 432.23 | 4 801.47 | 4 835.32 | 4 836.95 | 4 853.34 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.7 % | -5.3 % | 2.9 % | 7.4 % | 2.4 % |
| ROE | -6.0 % | -11.2 % | -11.3 % | 5.4 % | -3.4 % |
| ROI | -2.9 % | -5.9 % | 3.3 % | 7.9 % | 2.6 % |
| Economic value added (EVA) | - 232.72 | - 424.33 | -41.09 | 364.96 | -38.47 |
| Solvency | |||||
| Equity ratio | -27.4 % | -32.3 % | -41.1 % | -38.3 % | -40.1 % |
| Gearing | -326.0 % | -272.0 % | -225.4 % | -244.4 % | -233.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.5 | 0.2 | 0.5 | 0.6 |
| Current ratio | 4.2 | 4.1 | 6.1 | 12.4 | 12.2 |
| Cash and cash equivalents | 44.02 | 56.10 | 61.59 | 56.78 | 73.50 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | B | BB | BB | BB |
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