M. THIMGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26231841
Åhavnen 15, 4600 Køge
mthimgaard@gmail.com
tel: 29726707

Company information

Official name
M. THIMGAARD HOLDING ApS
Personnel
1 person
Established
2001
Company form
Private limited company
Industry

About M. THIMGAARD HOLDING ApS

M. THIMGAARD HOLDING ApS (CVR number: 26231841) is a company from KØGE. The company recorded a gross profit of 676.2 kDKK in 2024. The operating profit was -454.3 kDKK, while net earnings were 3307 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M. THIMGAARD HOLDING ApS's liquidity measured by quick ratio was 66.1 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 profit463.70116.28175.10592.97676.23
EBIT- 273.79- 252.93- 335.45- 504.93- 454.27
Net earnings192.51536.00-2.36- 318.853 306.96
Shareholders equity total40 374.8240 854.3140 794.7540 417.0043 723.96
Balance sheet total (assets)40 555.5241 092.0241 152.0440 852.4344 206.80
Net debt-5 936.82-2 024.51-11 429.96-9 802.15-13 730.45
Profitability
EBIT-%
ROA0.8 %1.8 %0.7 %-0.6 %9.1 %
ROE0.5 %1.3 %-0.0 %-0.8 %7.9 %
ROI0.8 %1.8 %0.7 %-0.6 %9.1 %
Economic value added (EVA)-1 235.19-1 934.08-2 189.36-2 001.83-1 979.41
Solvency
Equity ratio99.6 %99.4 %99.1 %98.9 %98.9 %
Gearing0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio173.0231.7142.562.066.1
Current ratio173.0231.7142.562.066.1
Cash and cash equivalents5 936.822 024.5111 429.969 806.5413 736.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.08%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 83/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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