MT Thusgaard Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39040735
Vassingerød Bygade 46, 3540 Lynge
tt@ttelectric.dk

Credit rating

Company information

Official name
MT Thusgaard Holding ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon642110

About MT Thusgaard Holding ApS

MT Thusgaard Holding ApS (CVR number: 39040735) is a company from ALLERØD. The company recorded a gross profit of -6.9 kDKK in 2024, demonstrating a decline of 0 % compared to the previous year. The operating profit was -6.9 kDKK, while net earnings were -9.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MT Thusgaard Holding ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales40.0050.0035.0066.00
Gross profit35.0043.7528.1359.13-6.88
EBIT35.0043.7528.1359.13-6.88
Net earnings31.6840.1323.8654.84-9.88
Shareholders equity total294.63334.77358.62277.46267.58
Balance sheet total (assets)354.93394.27427.14391.90336.10
Net debt- 354.93- 334.77- 247.62- 217.59- 258.71
Profitability
EBIT-%87.5 %87.5 %80.4 %89.6 %
ROA10.3 %11.7 %6.8 %14.4 %-1.9 %
ROE11.4 %12.8 %6.9 %17.2 %-3.6 %
ROI11.3 %12.7 %6.8 %14.4 %-1.9 %
Economic value added (EVA)45.1853.9738.3064.183.05
Solvency
Equity ratio83.0 %84.9 %84.0 %70.8 %79.6 %
Gearing17.8 %19.1 %41.2 %25.6 %
Relative net indebtedness %-736.6 %-669.5 %-707.5 %-329.7 %
Liquidity
Quick ratio5.9
Current ratio5.9
Cash and cash equivalents354.93394.27316.14332.03327.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %59.1 %246.5 %446.1 %183.2 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-1.89%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.6%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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