T.H Service ApS — Credit Rating and Financial Key Figures

CVR number: 37071463
Værkstedsgården 13, 2620 Albertslund

Company information

Official name
T.H Service ApS
Personnel
2 persons
Established
2015
Company form
Private limited company
Industry

About T.H Service ApS

T.H Service ApS (CVR number: 37071463) is a company from ALBERTSLUND. The company recorded a gross profit of 1032.2 kDKK in 2022. The operating profit was 241.5 kDKK, while net earnings were 223.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.7 %, which can be considered excellent and Return on Equity (ROE) was 122.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. T.H Service ApS's liquidity measured by quick ratio was 1.2 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 sales719.93
Gross profit332.16524.83566.151 032.161 032.16
EBIT11.073.48-45.91241.54241.54
Net earnings4.150.69-45.99223.42223.42
Shareholders equity total9.9810.66-40.61182.81182.81
Balance sheet total (assets)179.37396.48418.38939.64939.64
Net debt27.2896.65108.22-37.64-37.64
Profitability
EBIT-%1.5 %
ROA5.4 %1.2 %-10.7 %34.5 %25.7 %
ROE7.8 %6.7 %-21.4 %74.3 %122.2 %
ROI5.5 %2.0 %-31.5 %120.4 %87.6 %
Economic value added (EVA)17.6713.18-36.61236.57231.02
Solvency
Equity ratio5.6 %2.7 %-8.8 %19.5 %19.5 %
Gearing933.7 %1457.9 %-309.5 %50.8 %50.8 %
Relative net indebtedness %14.4 %
Liquidity
Quick ratio1.31.01.21.2
Current ratio1.31.01.21.2
Cash and cash equivalents65.8958.8417.48130.47130.47
Capital use efficiency
Trade debtors turnover (days)38.3
Net working capital %19.7 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:25.7%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.5%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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