Think Outside ApS — Credit Rating and Financial Key Figures

CVR number: 37000965
Kærlundsvej 33, 9000 Aalborg
karl.kaas@gmail.com
tel: 31208210

Company information

Official name
Think Outside ApS
Established
2015
Company form
Private limited company
Industry

About Think Outside ApS

Think Outside ApS (CVR number: 37000965) is a company from AALBORG. The company reported a net sales of 3.6 mDKK in 2023, demonstrating a decline of -13.7 % compared to the previous year. The operating profit percentage was at 98.7 % (EBIT: 3.6 mDKK), while net earnings were 3587 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.9 %, which can be considered excellent and Return on Equity (ROE) was 36.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Think Outside ApS's liquidity measured by quick ratio was 12.4 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 sales4 205.223 627.93
Gross profit-5.00-3.00-17.104 194.923 582.46
EBIT-5.00-3.00-17.104 194.923 582.46
Net earnings725.64194.472 523.114 194.403 586.98
Shareholders equity total1 386.842 073.434 096.548 290.9511 477.93
Balance sheet total (assets)1 407.472 097.064 377.488 351.7811 597.54
Net debt4.6210.7532.2746.13-1 343.19
Profitability
EBIT-%99.8 %98.7 %
ROA78.1 %11.1 %77.9 %65.9 %35.9 %
ROE86.2 %11.2 %81.8 %67.7 %36.3 %
ROI78.3 %11.1 %78.1 %66.0 %35.9 %
Economic value added (EVA)-26.41-73.60- 118.693 978.283 170.04
Solvency
Equity ratio98.5 %98.9 %93.6 %99.3 %99.0 %
Gearing1.3 %0.9 %6.7 %0.7 %1.0 %
Relative net indebtedness %1.2 %-36.7 %
Liquidity
Quick ratio0.90.60.90.412.4
Current ratio0.90.60.90.412.4
Cash and cash equivalents13.517.37243.169.191 452.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-0.9 %37.7 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:35.9%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 84/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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