Thats Life ApS — Credit Rating and Financial Key Figures

CVR number: 40215158
Nyborgvej 19 D, Sødinge 5750 Ringe

Credit rating

Company information

Official name
Thats Life ApS
Established
2019
Domicile
Sødinge
Company form
Private limited company
Industry
  • Expand more icon953190

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-12.1018.71483.5166.1411.66
EBIT-15.1015.63474.3056.38-8.31
Net earnings-14.113.46358.2640.16-9.03
Shareholders equity total127.45130.91489.17529.33520.30
Balance sheet total (assets)304.68346.84963.34888.96797.80
Net debt10.98106.29-97.83-43.36- 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)-9.6110.00363.5229.21-27.88
Solvency
Equity ratio41.8 %37.7 %50.8 %59.5 %65.2 %
Gearing98.5 %148.0 %23.4 %11.4 %10.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.81.20.71.6
Current ratio1.71.52.52.52.7
Cash and cash equivalents114.5087.42212.40103.44224.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-0.96%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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