THassing holding ApS — Credit Rating and Financial Key Figures

CVR number: 42285048
Palludansvej 10, 6800 Varde
Free credit report Annual report

Credit rating

Company information

Official name
THassing holding ApS
Established
2021
Company form
Private limited company
Industry

About THassing holding ApS

THassing holding ApS (CVR number: 42285048) is a company from VARDE. The company recorded a gross profit of 165.8 kDKK in 2024. The operating profit was 120.9 kDKK, while net earnings were 77.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. THassing holding ApS's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit-7.1717.02178.63165.79
EBIT-7.17-1.69133.74120.90
Net earnings275.54319.8766.2877.76
Shareholders equity total369.14574.62640.89671.35
Balance sheet total (assets)440.333 550.733 040.393 145.28
Net debt2.332 703.972 122.082 083.67
Profitability
EBIT-%
ROA62.4 %19.4 %6.5 %6.0 %
ROE74.6 %67.8 %10.9 %11.9 %
ROI73.9 %20.6 %6.9 %6.3 %
Economic value added (EVA)-6.08-20.00-74.87-47.08
Solvency
Equity ratio83.8 %16.2 %21.1 %21.3 %
Gearing0.6 %488.2 %338.5 %350.5 %
Relative net indebtedness %
Liquidity
Quick ratio8.90.30.20.5
Current ratio8.90.30.20.5
Cash and cash equivalents101.1447.35269.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:5.97%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.3%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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