THUBALKA A/S — Credit Rating and Financial Key Figures

CVR number: 16314986
Bødkervej 9, 7100 Vejle
tel: 75859352
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Company information

Official name
THUBALKA A/S
Personnel
16 persons
Established
1992
Company form
Limited company
Industry

About THUBALKA A/S

THUBALKA A/S (CVR number: 16314986) is a company from VEJLE. The company recorded a gross profit of 8146.2 kDKK in 2024. The operating profit was 1189 kDKK, while net earnings were 936.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THUBALKA A/S's liquidity measured by quick ratio was 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 384.085 924.436 668.797 698.318 146.24
EBIT421.64- 192.73680.761 592.561 188.96
Net earnings301.52- 155.48506.351 231.14936.91
Shareholders equity total8 775.938 400.448 906.7910 137.9311 074.84
Balance sheet total (assets)11 801.8210 817.1511 459.2016 120.5013 540.47
Net debt-2 404.46-1 532.83-4 767.87-8 559.27-6 937.33
Profitability
EBIT-%
ROA4.2 %-1.5 %6.3 %11.7 %8.2 %
ROE3.5 %-1.8 %5.9 %12.9 %8.8 %
ROI4.9 %-1.8 %7.6 %16.0 %10.9 %
Economic value added (EVA)- 154.27- 621.1383.12749.97379.91
Solvency
Equity ratio76.3 %77.7 %77.7 %73.7 %81.8 %
Gearing1.2 %1.4 %0.8 %0.8 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.12.53.44.05.0
Current ratio4.04.54.62.65.9
Cash and cash equivalents2 506.741 649.284 839.868 645.296 970.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:8.20%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.8%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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