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J. THINGGAARD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About J. THINGGAARD ApS
J. THINGGAARD ApS (CVR number: 41989521) is a company from AARHUS. The company recorded a gross profit of 7 kDKK in 2025. The operating profit was 7 kDKK, while net earnings were 7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.2 %, which can be considered excellent and Return on Equity (ROE) was 169.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.6 %, 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. J. THINGGAARD 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 17.78 | -41.22 | -13.37 | 2.16 | 6.96 |
| EBIT | 17.78 | -41.22 | -13.37 | 2.16 | 6.96 |
| Net earnings | 13.55 | -41.73 | -13.37 | 2.17 | 6.96 |
| Shareholders equity total | 53.55 | 11.83 | -1.55 | 0.62 | 7.57 |
| Balance sheet total (assets) | 67.38 | 21.82 | 9.20 | 12.30 | 20.70 |
| Net debt | -67.38 | -11.97 | -2.72 | -0.12 | -2.27 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 26.4 % | -92.4 % | -82.1 % | 18.8 % | 42.2 % |
| ROE | 25.3 % | -127.7 % | -127.2 % | 44.1 % | 169.8 % |
| ROI | 33.2 % | -126.1 % | -226.1 % | 699.5 % | 169.8 % |
| Economic value added (EVA) | 13.87 | -43.91 | -13.97 | 2.24 | 6.92 |
| Solvency | |||||
| Equity ratio | 79.5 % | 54.2 % | -14.4 % | 5.0 % | 36.6 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.9 | 2.2 | 0.9 | 1.1 | 1.6 |
| Current ratio | 4.9 | 2.2 | 0.9 | 1.1 | 1.6 |
| Cash and cash equivalents | 67.38 | 11.97 | 2.72 | 0.12 | 2.27 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BB | BB |
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