THIRD BRAND ApS — Credit Rating and Financial Key Figures

CVR number: 36398868
Violvej 18, 2820 Gentofte
kasper@thirdbrand.dk
tel: 27127283

Credit rating

Company information

Official name
THIRD BRAND ApS
Personnel
7 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon733000

About THIRD BRAND ApS

THIRD BRAND ApS (CVR number: 36398868) is a company from GENTOFTE. The company recorded a gross profit of 4475.9 kDKK in 2024. The operating profit was 1134.3 kDKK, while net earnings were 866.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39 %, which can be considered excellent and Return on Equity (ROE) was 49.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.4 %, 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. THIRD BRAND ApS's liquidity measured by quick ratio was 2.7 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 profit2 848.003 519.003 308.004 447.004 475.87
EBIT68.00276.0024.00892.001 134.31
Net earnings28.00188.00-19.00638.00866.81
Shareholders equity total1 020.001 208.001 188.001 827.001 693.38
Balance sheet total (assets)2 652.003 903.002 870.003 101.002 713.19
Net debt-1 526.00984.00-1 356.00- 534.00-1 143.79
Profitability
EBIT-%
ROA1.6 %8.4 %0.7 %30.7 %39.0 %
ROE2.3 %16.9 %-1.6 %42.3 %49.2 %
ROI3.7 %16.4 %1.4 %56.4 %62.6 %
Economic value added (EVA)-9.84241.63-38.22701.77815.85
Solvency
Equity ratio44.6 %31.0 %44.5 %58.9 %62.4 %
Gearing84.4 %0.3 %1.8 %4.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.31.72.42.7
Current ratio1.41.31.52.42.7
Cash and cash equivalents1 526.0035.001 359.00566.001 217.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:39.0%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.4%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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