Thaagaard Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37679348
Ramskovvej 18, 8500 Grenaa
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Company information

Official name
Thaagaard Holding ApS
Established
2016
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales212.0061.02315.86-9.65
Gross profit206.8054.50307.96-16.79-7.38
EBIT206.8054.50307.96-16.79-7.38
Net earnings205.3249.81308.55-55.75-50.18
Shareholders equity total72.8954.10262.65-93.10- 143.28
Balance sheet total (assets)178.59182.48343.28526.50525.50
Net debt0.000.0215.7847.13102.01
Profitability
EBIT-%97.5 %89.3 %97.5 %
ROA97.5 %30.5 %117.2 %-3.5 %-1.1 %
ROE138.1 %78.5 %194.8 %-14.1 %-9.5 %
ROI139.1 %86.6 %175.1 %-3.9 %-1.2 %
Economic value added (EVA)195.5252.52308.68-31.76-30.82
Solvency
Equity ratio40.8 %29.6 %76.5 %-15.0 %-21.4 %
Gearing0.0 %0.0 %13.5 %-601.1 %-428.9 %
Relative net indebtedness %49.9 %210.4 %19.3 %-1109.9 %
Liquidity
Quick ratio0.70.70.40.80.8
Current ratio0.70.70.40.80.8
Cash and cash equivalents19.58512.50512.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-13.4 %-65.0 %-14.9 %6276.2 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-1.07%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-21.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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