T HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T HOLDING ApS
T HOLDING ApS (CVR number: 33392990) is a company from FREDERIKSHAVN. The company recorded a gross profit of -31.1 kDKK in 2023. The operating profit was -31.1 kDKK, while net earnings were 515.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good but Return on Equity (ROE) was 25 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T HOLDING ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -4.55 | -4.75 | -4.00 | -7.46 | -31.05 |
| EBIT | -4.55 | -4.75 | -4.00 | -7.46 | -31.05 |
| Net earnings | 159.83 | 220.48 | 644.92 | 850.25 | 515.94 |
| Shareholders equity total | 288.78 | 509.26 | 1 154.18 | 2 004.43 | 2 120.38 |
| Balance sheet total (assets) | 490.58 | 938.11 | 1 361.97 | 8 828.25 | 2 538.29 |
| Net debt | 112.46 | 291.29 | 17.46 | 6 609.61 | -8.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 43.4 % | 31.1 % | 56.0 % | 19.0 % | 13.2 % |
| ROE | 90.8 % | 55.3 % | 77.5 % | 53.8 % | 25.0 % |
| ROI | 79.2 % | 36.9 % | 65.2 % | 19.7 % | 13.9 % |
| Economic value added (EVA) | 105.38 | 29.36 | 42.32 | 71.69 | 419.92 |
| Solvency | |||||
| Equity ratio | 58.9 % | 54.3 % | 84.7 % | 22.7 % | 83.5 % |
| Gearing | 39.7 % | 57.4 % | 1.5 % | 331.7 % | 1.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.5 | 0.1 | 0.0 | 1.9 |
| Current ratio | 0.1 | 0.5 | 0.1 | 0.0 | 1.9 |
| Cash and cash equivalents | 2.21 | 1.21 | 0.20 | 39.78 | 29.67 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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