THORKILD BACH HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 66230228
Fjordbakken 10, 7700 Thisted
tbc@trans-bach.dk
tel: 40411980

Credit rating

Company information

Official name
THORKILD BACH HOLDING ApS
Established
1980
Company form
Private limited company
Industry

About THORKILD BACH HOLDING ApS

THORKILD BACH HOLDING ApS (CVR number: 66230228) is a company from THISTED. The company recorded a gross profit of -15.2 kDKK in 2023. The operating profit was -15.2 kDKK, while net earnings were 1.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORKILD BACH HOLDING ApS's liquidity measured by quick ratio was 17.3 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 sales
Gross profit- 130.41-32.83-15.59-16.84-15.15
EBIT- 130.41-32.83-15.59-16.84-15.15
Net earnings137.97100.07111.04- 105.541.58
Shareholders equity total8 719.925 969.994 281.033 075.491 916.17
Balance sheet total (assets)8 842.716 540.444 459.903 138.342 015.67
Net debt27.06-1 009.13-1 429.25-2 811.64-1 674.10
Profitability
EBIT-%
ROA2.0 %1.9 %2.6 %1.2 %0.4 %
ROE1.6 %1.4 %2.2 %-2.9 %0.1 %
ROI2.0 %2.0 %2.8 %1.2 %0.4 %
Economic value added (EVA)- 535.47- 461.13- 261.44- 160.14-83.67
Solvency
Equity ratio98.6 %91.3 %96.0 %98.0 %95.1 %
Gearing0.9 %0.0 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio68.610.622.645.217.3
Current ratio68.610.622.645.217.3
Cash and cash equivalents52.631 009.131 429.252 811.991 711.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:0.40%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.1%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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