H. Thode ApS — Credit Rating and Financial Key Figures

CVR number: 38510630
Vesterbakken 2, 7500 Holstebro

Company information

Official name
H. Thode ApS
Established
2017
Company form
Private limited company
Industry

About H. Thode ApS

H. Thode ApS (CVR number: 38510630) is a company from HOLSTEBRO. The company recorded a gross profit of -19.7 kDKK in 2024. The operating profit was -19.7 kDKK, while net earnings were 765.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. H. Thode ApS's liquidity measured by quick ratio was 55.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-10.08-15.29-11.51-45.61-19.66
EBIT-10.08-15.29-11.51-45.61-19.66
Net earnings1 497.72858.23328.7927.21765.21
Shareholders equity total5 932.766 677.996 892.387 158.987 802.19
Balance sheet total (assets)5 937.766 685.556 899.947 166.547 872.19
Net debt-1 258.89-2 655.92-3 393.56-3 634.75-3 878.73
Profitability
EBIT-%
ROA47.5 %13.8 %5.0 %0.2 %11.3 %
ROE48.2 %13.6 %4.8 %0.4 %10.2 %
ROI48.4 %13.8 %5.0 %0.2 %11.3 %
Economic value added (EVA)-24.11- 313.41- 347.08- 391.95- 375.08
Solvency
Equity ratio99.9 %99.9 %99.9 %99.9 %99.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio251.8351.1449.1482.255.4
Current ratio251.8351.1449.1482.255.4
Cash and cash equivalents1 258.892 655.923 393.563 634.753 878.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:11.3%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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