TH AF 7/10 1994 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TH AF 7/10 1994 ApS
TH AF 7/10 1994 ApS (CVR number: 18195380) is a company from AARHUS. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a decline of -72.7 % compared to the previous year. The operating profit percentage was at 87.6 % (EBIT: 0.3 mDKK), while net earnings were 1256 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TH AF 7/10 1994 ApS's liquidity measured by quick ratio was 30.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 286.55 | 676.81 | 2 251.86 | 1 338.47 | 365.20 |
Gross profit | 270.71 | 643.68 | 2 230.45 | 1 287.97 | 319.81 |
EBIT | 270.71 | 643.68 | 2 230.45 | 1 287.97 | 319.81 |
Net earnings | 566.20 | 1 132.49 | 2 563.37 | 1 892.49 | 1 256.00 |
Shareholders equity total | 18 717.59 | 19 739.49 | 22 189.86 | 22 482.35 | 22 538.35 |
Balance sheet total (assets) | 19 420.90 | 21 359.82 | 23 038.40 | 23 240.87 | 23 440.44 |
Net debt | -2 381.22 | -2 712.40 | -10 227.23 | -10 075.43 | -10 003.30 |
Profitability | |||||
EBIT-% | 94.5 % | 95.1 % | 99.0 % | 96.2 % | 87.6 % |
ROA | 3.3 % | 6.2 % | 12.1 % | 9.0 % | 6.5 % |
ROE | 3.0 % | 5.9 % | 12.2 % | 8.5 % | 5.6 % |
ROI | 3.3 % | 6.2 % | 12.2 % | 9.0 % | 6.6 % |
Economic value added (EVA) | 204.64 | 500.93 | 2 121.19 | 1 069.92 | 303.78 |
Solvency | |||||
Equity ratio | 96.4 % | 92.4 % | 96.3 % | 96.7 % | 96.2 % |
Gearing | 0.0 % | 4.1 % | 0.0 % | 0.0 % | 0.1 % |
Relative net indebtedness % | -825.8 % | -391.8 % | -447.8 % | -744.2 % | -2657.8 % |
Liquidity | |||||
Quick ratio | 127.2 | 4.1 | 75.5 | 84.2 | 30.5 |
Current ratio | 127.2 | 4.1 | 75.5 | 84.2 | 30.5 |
Cash and cash equivalents | 2 385.02 | 3 516.32 | 10 232.09 | 10 080.44 | 10 034.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 517.2 % | 55.3 % | 148.9 % | 69.5 % | 182.1 % |
Credit risk | |||||
Credit rating | A | AA | A | AA | AA |
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