Thats Life ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thats Life ApS
Thats Life ApS (CVR number: 40215158) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 11.7 kDKK in 2024. The operating profit was -8.3 kDKK, while net earnings were -9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. Thats Life ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12.10 | 18.71 | 483.51 | 66.14 | 11.66 |
EBIT | -15.10 | 15.63 | 474.30 | 56.38 | -8.31 |
Net earnings | -14.11 | 3.46 | 358.26 | 40.16 | -9.03 |
Shareholders equity total | 127.45 | 130.91 | 489.17 | 529.33 | 520.30 |
Balance sheet total (assets) | 304.68 | 346.84 | 963.34 | 888.96 | 797.80 |
Net debt | 10.98 | 106.29 | -97.83 | -43.36 | - 167.43 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.9 % | 4.8 % | 72.4 % | 6.3 % | -1.0 % |
ROE | -10.5 % | 2.7 % | 115.6 % | 7.9 % | -1.7 % |
ROI | -7.2 % | 5.4 % | 102.1 % | 9.8 % | -1.4 % |
Economic value added (EVA) | -9.61 | 10.00 | 363.52 | 29.21 | -27.88 |
Solvency | |||||
Equity ratio | 41.8 % | 37.7 % | 50.8 % | 59.5 % | 65.2 % |
Gearing | 98.5 % | 148.0 % | 23.4 % | 11.4 % | 10.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 0.8 | 1.2 | 0.7 | 1.6 |
Current ratio | 1.7 | 1.5 | 2.5 | 2.5 | 2.7 |
Cash and cash equivalents | 114.50 | 87.42 | 212.40 | 103.44 | 224.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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