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TO HOLDING, THISTED ApS — Credit Rating and Financial Key Figures

CVR number: 29011826
Lyngen 14, Glyngøre 7870 Roslev
Free credit report Annual report

Company information

Official name
TO HOLDING, THISTED ApS
Established
2005
Domicile
Glyngøre
Company form
Private limited company
Industry

About TO HOLDING, THISTED ApS

TO HOLDING, THISTED ApS (CVR number: 29011826) is a company from SKIVE. The company recorded a gross profit of 97.4 kDKK in 2025. The operating profit was 45.8 kDKK, while net earnings were 3516.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.2 %, which can be considered excellent and Return on Equity (ROE) was 62.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TO HOLDING, THISTED ApS's liquidity measured by quick ratio was 4.8 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit102.33128.09110.1317.9197.39
EBIT59.1285.3663.55-48.0745.84
Net earnings506.43190.6070.36573.253 516.20
Shareholders equity total3 465.223 541.423 493.983 945.227 261.42
Balance sheet total (assets)5 006.445 051.586 011.486 634.998 607.66
Net debt1 472.831 383.952 456.332 645.231 020.23
Profitability
EBIT-%
ROA10.7 %4.2 %3.2 %11.2 %47.2 %
ROE15.2 %5.4 %2.0 %15.4 %62.8 %
ROI10.7 %4.3 %3.2 %11.3 %47.3 %
Economic value added (EVA)- 178.42- 168.60- 185.94- 347.08- 285.33
Solvency
Equity ratio69.2 %70.1 %58.1 %59.5 %84.4 %
Gearing42.6 %40.2 %70.3 %67.0 %18.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.54.8
Current ratio0.10.54.8
Cash and cash equivalents4.2639.61283.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:47.2%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.4%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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