MT Thusgaard Holding ApS

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 icon64Financial service activities, except insurance and pension funding

About MT Thusgaard Holding ApS

MT Thusgaard Holding ApS (CVR number: 39040735) is a company from ALLERØD. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 88.6 % compared to the previous year. The operating profit percentage was at 89.6 % (EBIT: 0.1 mDKK), while net earnings were 54.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.8 %, 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
20192020202120222023
Volume
Net sales50.0040.0050.0035.0066.00
Gross profit45.0035.0043.7528.1359.13
EBIT45.0035.0043.7528.1359.13
Net earnings41.9531.6840.1323.8654.84
Shareholders equity total262.95294.63334.77358.62277.46
Balance sheet total (assets)322.45354.93394.27427.14391.90
Net debt- 262.95- 354.93- 334.77- 247.62- 217.59
Profitability
EBIT-%90.0 %87.5 %87.5 %80.4 %89.6 %
ROA16.6 %10.3 %11.7 %6.8 %14.4 %
ROE17.3 %11.4 %12.8 %6.9 %17.2 %
ROI16.6 %11.3 %12.7 %6.8 %14.4 %
Economic value added (EVA)52.1945.1853.9738.3064.18
Solvency
Equity ratio81.5 %83.0 %84.9 %84.0 %70.8 %
Gearing22.6 %17.8 %19.1 %41.2 %
Relative net indebtedness %-525.9 %-736.6 %-669.5 %-707.5 %-329.7 %
Liquidity
Quick ratio5.9
Current ratio5.9
Cash and cash equivalents322.45354.93394.27316.14332.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %102.9 %59.1 %246.5 %446.1 %183.2 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.8%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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