THINK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21242802
Østbanegade 9, 2100 København Ø

Credit rating

Company information

Official name
THINK HOLDING ApS
Established
1998
Company form
Private limited company
Industry

About THINK HOLDING ApS

THINK HOLDING ApS (CVR number: 21242802) is a company from KØBENHAVN. The company recorded a gross profit of -7.7 kDKK in 2024. The operating profit was -7.7 kDKK, while net earnings were -8302.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.7 %, which can be considered poor and Return on Equity (ROE) was -46.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THINK HOLDING ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-3.75-6.20-7.70
EBIT-3.75-6.20-7.70
Net earnings-15 646.177 039.44-5 749.50-6 319.95-8 302.25
Shareholders equity total35 643.9442 683.3733 863.4023 304.8012 462.55
Balance sheet total (assets)36 720.0543 759.4934 934.2224 375.6213 129.62
Net debt14.3814.90-35.146.56623.50
Profitability
EBIT-%
ROA-35.1 %17.5 %-14.6 %-21.3 %-43.7 %
ROE-36.0 %18.0 %-15.0 %-22.1 %-46.4 %
ROI-36.0 %17.9 %-15.0 %-22.1 %-44.9 %
Economic value added (EVA)-2 578.04-1 794.81-2 152.29-1 711.27-1 179.97
Solvency
Equity ratio97.1 %97.5 %96.9 %95.6 %94.9 %
Gearing0.2 %0.2 %0.2 %0.3 %5.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.00.60.50.1
Current ratio1.01.00.60.50.1
Cash and cash equivalents59.2358.72103.4561.7638.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:-43.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.9%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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