Thise Food Ingredients ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thise Food Ingredients ApS
Thise Food Ingredients ApS (CVR number: 31075548) is a company from SKIVE. The company recorded a gross profit of -62.9 kDKK in 2023. The operating profit was -102.7 kDKK, while net earnings were -85.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Thise Food Ingredients ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 71.64 | -48.41 | -6.44 | 169.75 | -62.91 |
EBIT | 37.64 | -82.41 | -40.44 | 135.75 | - 102.71 |
Net earnings | 14.34 | -85.69 | -58.22 | 114.10 | -85.16 |
Shareholders equity total | 299.06 | 213.37 | 2 405.15 | 2 519.25 | 2 434.09 |
Balance sheet total (assets) | 1 576.79 | 1 628.00 | 2 420.15 | 2 568.91 | 3 128.31 |
Net debt | 975.37 | 1 294.26 | -4.92 | -4.58 | 620.38 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.5 % | -5.1 % | -2.0 % | 5.9 % | -2.9 % |
ROE | 4.9 % | -33.4 % | -4.4 % | 4.6 % | -3.4 % |
ROI | 2.7 % | -5.9 % | -2.1 % | 5.9 % | -3.0 % |
Economic value added (EVA) | 12.42 | -85.46 | -46.91 | -13.41 | - 228.01 |
Solvency | |||||
Equity ratio | 22.5 % | 14.0 % | 99.4 % | 98.1 % | 77.8 % |
Gearing | 326.1 % | 606.6 % | 25.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 54.8 | 20.1 | 1.6 |
Current ratio | 0.2 | 0.2 | 77.2 | 27.0 | 2.0 |
Cash and cash equivalents | 4.92 | 4.58 | 1.76 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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