THINGGAARD IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About THINGGAARD IT ApS
THINGGAARD IT ApS (CVR number: 41241195) is a company from AALBORG. The company recorded a gross profit of 962.5 kDKK in 2024. The operating profit was -35.2 kDKK, while net earnings were -31.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -9.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.1 %, 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. THINGGAARD IT ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 162.94 | 543.10 | 719.99 | 964.72 | 962.54 |
EBIT | 55.12 | -14.63 | 64.49 | 73.91 | -35.20 |
Net earnings | 42.92 | -12.67 | 41.84 | 54.35 | -31.09 |
Shareholders equity total | 82.92 | 70.25 | 112.09 | 341.44 | 310.34 |
Balance sheet total (assets) | 195.22 | 267.00 | 210.09 | 564.65 | 534.28 |
Net debt | -83.64 | 85.27 | -64.91 | - 208.90 | -50.20 |
Profitability | |||||
EBIT-% | |||||
ROA | 28.4 % | -5.3 % | 28.7 % | 19.4 % | -6.4 % |
ROE | 51.8 % | -16.5 % | 45.9 % | 24.0 % | -9.5 % |
ROI | 66.9 % | -10.2 % | 51.2 % | 33.1 % | -10.7 % |
Economic value added (EVA) | 43.01 | -15.58 | 39.75 | 48.91 | -45.92 |
Solvency | |||||
Equity ratio | 42.5 % | 26.3 % | 53.4 % | 60.5 % | 58.1 % |
Gearing | 121.4 % | 0.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 0.7 | 1.0 | 1.6 | 1.2 |
Current ratio | 1.7 | 1.0 | 1.3 | 2.3 | 2.2 |
Cash and cash equivalents | 83.64 | 64.91 | 208.90 | 50.77 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
Variable visualization
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