TH HÅNDVÆRK ApS — Credit Rating and Financial Key Figures

CVR number: 36489197
Krovej 7, 5762 Vester Skerninge

Credit rating

Company information

Official name
TH HÅNDVÆRK ApS
Personnel
7 persons
Established
2015
Company form
Private limited company
Industry

About TH HÅNDVÆRK ApS

TH HÅNDVÆRK ApS (CVR number: 36489197) is a company from SVENDBORG. The company recorded a gross profit of 2917.8 kDKK in 2022. The operating profit was 319.4 kDKK, while net earnings were 207.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 43.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TH HÅNDVÆRK ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit844.622 103.522 316.094 178.532 917.82
EBIT166.041 073.591 098.422 200.03319.37
Net earnings123.40805.86841.751 685.53207.47
Shareholders equity total590.151 342.012 128.463 313.993 021.47
Balance sheet total (assets)1 822.273 153.883 563.826 502.376 882.31
Net debt- 720.35- 196.98- 994.067.75297.31
Profitability
EBIT-%
ROA11.8 %43.1 %32.7 %43.7 %4.8 %
ROE22.2 %83.4 %48.5 %61.9 %6.5 %
ROI29.9 %109.8 %62.2 %72.6 %8.2 %
Economic value added (EVA)117.17821.90791.911 648.19111.02
Solvency
Equity ratio32.4 %42.6 %59.7 %51.0 %43.9 %
Gearing16.0 %27.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.71.61.81.4
Current ratio1.12.02.02.01.5
Cash and cash equivalents720.35196.98994.06522.13540.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:4.77%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.9%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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