Thing Invest Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41804572
Rammegårdvej 26, Ramme 7620 Lemvig

Credit rating

Company information

Official name
Thing Invest Holding ApS
Established
2020
Domicile
Ramme
Company form
Private limited company
Industry

About Thing Invest Holding ApS

Thing Invest Holding ApS (CVR number: 41804572) is a company from LEMVIG. The company recorded a gross profit of 5.9 kDKK in 2023. The operating profit was 5.9 kDKK, while net earnings were 106.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Thing Invest Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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-15.59-14.41-15.59-14.255.92
EBIT-15.59-14.41-15.59-14.255.92
Net earnings426.90- 172.01426.90- 147.99106.89
Shareholders equity total2 855.292 428.392 855.292 707.312 814.20
Balance sheet total (assets)4 718.764 720.054 718.764 718.654 824.15
Net debt1 854.452 032.091 854.45256.87213.78
Profitability
EBIT-%
ROA12.4 %-0.3 %12.4 %-0.3 %6.5 %
ROE15.0 %-6.5 %16.2 %-5.3 %3.9 %
ROI12.4 %-0.3 %12.7 %-0.3 %6.5 %
Economic value added (EVA)-15.59- 251.07- 240.86- 250.92- 143.04
Solvency
Equity ratio60.5 %51.4 %60.5 %57.4 %58.3 %
Gearing64.9 %84.6 %64.9 %9.5 %7.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.20.10.6
Current ratio0.20.10.20.10.6
Cash and cash equivalents0.0122.530.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.50%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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