TH BANK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 36090197
Thunøgade 60, 8000 Aarhus C
thorhampusbank@gmail.com
tel: 22129474

Company information

Official name
TH BANK HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About TH BANK HOLDING ApS

TH BANK HOLDING ApS (CVR number: 36090197) is a company from AARHUS. The company recorded a gross profit of -9.3 kDKK in 2023. The operating profit was -9.3 kDKK, while net earnings were 296.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good and Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TH BANK HOLDING ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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-6.87-4.03-9.75-7.25-9.31
EBIT-6.87-4.03-9.75-7.25-9.31
Net earnings498.02436.01753.51470.00296.12
Shareholders equity total1 451.001 776.412 416.922 772.512 950.83
Balance sheet total (assets)1 661.751 988.232 652.113 037.473 321.69
Net debt-53.2919.0533.62183.18228.46
Profitability
EBIT-%
ROA37.0 %25.7 %33.2 %20.6 %11.0 %
ROE39.7 %27.0 %35.9 %18.1 %10.3 %
ROI37.2 %25.8 %33.3 %20.6 %11.0 %
Economic value added (EVA)-6.708.09-10.39-25.28-28.97
Solvency
Equity ratio87.3 %89.3 %91.1 %91.3 %88.8 %
Gearing13.9 %11.7 %9.4 %9.3 %12.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.90.80.31.0
Current ratio1.20.90.80.31.0
Cash and cash equivalents255.47188.77192.6373.32130.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.8%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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