Thaagaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thaagaard Holding ApS
Thaagaard Holding ApS (CVR number: 37679348) is a company from NORDDJURS. The company recorded a gross profit of -7.4 kDKK in 2024, demonstrating a growth of 56 % compared to the previous year. The operating profit was -7.4 kDKK, while net earnings were -50.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -9.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Thaagaard Holding ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 212.00 | 61.02 | 315.86 | -9.65 | |
Gross profit | 206.80 | 54.50 | 307.96 | -16.79 | -7.38 |
EBIT | 206.80 | 54.50 | 307.96 | -16.79 | -7.38 |
Net earnings | 205.32 | 49.81 | 308.55 | -55.75 | -50.18 |
Shareholders equity total | 72.89 | 54.10 | 262.65 | -93.10 | - 143.28 |
Balance sheet total (assets) | 178.59 | 182.48 | 343.28 | 526.50 | 525.50 |
Net debt | 0.00 | 0.02 | 15.78 | 47.13 | 102.01 |
Profitability | |||||
EBIT-% | 97.5 % | 89.3 % | 97.5 % | ||
ROA | 97.5 % | 30.5 % | 117.2 % | -3.5 % | -1.1 % |
ROE | 138.1 % | 78.5 % | 194.8 % | -14.1 % | -9.5 % |
ROI | 139.1 % | 86.6 % | 175.1 % | -3.9 % | -1.2 % |
Economic value added (EVA) | 195.52 | 52.52 | 308.68 | -31.76 | -30.82 |
Solvency | |||||
Equity ratio | 40.8 % | 29.6 % | 76.5 % | -15.0 % | -21.4 % |
Gearing | 0.0 % | 0.0 % | 13.5 % | -601.1 % | -428.9 % |
Relative net indebtedness % | 49.9 % | 210.4 % | 19.3 % | -1109.9 % | |
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 0.4 | 0.8 | 0.8 |
Current ratio | 0.7 | 0.7 | 0.4 | 0.8 | 0.8 |
Cash and cash equivalents | 19.58 | 512.50 | 512.50 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -13.4 % | -65.0 % | -14.9 % | 6276.2 % | |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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