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 -45.6 kDKK in 2023. The operating profit was -45.6 kDKK, while net earnings were 27.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.9 %, 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 482.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-9.80-10.08-15.29-11.51-45.61
EBIT-9.80-10.08-15.29-11.51-45.61
Net earnings372.921 497.72858.23328.7927.21
Shareholders equity total279.095 932.766 677.996 892.387 158.98
Balance sheet total (assets)385.265 937.766 685.556 899.947 166.54
Net debt-10.37-1 258.89-2 655.92-3 393.56-3 634.75
Profitability
EBIT-%
ROA98.3 %47.5 %13.8 %5.0 %0.2 %
ROE254.3 %48.2 %13.6 %4.8 %0.4 %
ROI255.9 %48.4 %13.8 %5.0 %0.2 %
Economic value added (EVA)8.48-4.75201.24172.52111.63
Solvency
Equity ratio72.4 %99.9 %99.9 %99.9 %99.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.1251.8351.1449.1482.2
Current ratio0.1251.8351.1449.1482.2
Cash and cash equivalents10.371 258.892 655.923 393.563 634.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:0.19%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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