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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 -420.9 kDKK in 2025. The operating profit was -512.2 kDKK, while net earnings were -485.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.5 %, which can be considered poor and Return on Equity (ROE) was -23.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.8 %, 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. Thise Food Ingredients ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.44 | 169.75 | -62.91 | -45.63 | - 420.85 |
| EBIT | -40.44 | 135.75 | - 102.71 | -91.10 | - 512.22 |
| Net earnings | -58.22 | 114.10 | -85.16 | -95.58 | - 485.14 |
| Shareholders equity total | 2 405.15 | 2 519.25 | 2 434.09 | 2 338.52 | 1 853.37 |
| Balance sheet total (assets) | 2 420.15 | 2 568.91 | 3 128.31 | 2 916.23 | 3 957.17 |
| Net debt | -4.92 | -4.58 | 620.38 | 487.27 | 1 647.16 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.0 % | 5.9 % | -2.9 % | -2.9 % | -14.5 % |
| ROE | -4.4 % | 4.6 % | -3.4 % | -4.0 % | -23.1 % |
| ROI | -2.1 % | 5.9 % | -3.0 % | -3.0 % | -15.6 % |
| Economic value added (EVA) | - 111.95 | -13.66 | - 228.24 | - 233.01 | - 639.84 |
| Solvency | |||||
| Equity ratio | 99.4 % | 98.1 % | 77.8 % | 80.2 % | 46.8 % |
| Gearing | 25.6 % | 21.5 % | 93.2 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 54.8 | 20.1 | 1.6 | 1.7 | 0.7 |
| Current ratio | 77.2 | 27.0 | 2.0 | 2.1 | 0.8 |
| Cash and cash equivalents | 4.92 | 4.58 | 1.76 | 14.54 | 80.31 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BBB | BBB |
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