HANDELSSELSKABET THISTED ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HANDELSSELSKABET THISTED ApS
HANDELSSELSKABET THISTED ApS (CVR number: 67089111) is a company from THISTED. The company recorded a gross profit of 19 kDKK in 2024. The operating profit was 4 kDKK, while net earnings were 16.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74.9 %, 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. HANDELSSELSKABET THISTED ApS's liquidity measured by quick ratio was 4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 58.02 | 55.15 | 69.25 | 34.11 | 18.97 |
EBIT | 43.02 | 40.15 | 54.25 | 19.11 | 3.97 |
Net earnings | 30.15 | 27.88 | 27.15 | 16.86 | 16.93 |
Shareholders equity total | 1 143.94 | 1 058.83 | 971.58 | 870.63 | 765.56 |
Balance sheet total (assets) | 1 170.85 | 1 173.56 | 1 195.74 | 1 007.57 | 1 022.73 |
Net debt | -1 093.45 | -1 010.42 | - 977.58 | - 762.83 | - 636.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.5 % | 4.0 % | 4.5 % | 2.3 % | 2.5 % |
ROE | 2.5 % | 2.5 % | 2.7 % | 1.8 % | 2.1 % |
ROI | 3.6 % | 4.1 % | 4.6 % | 2.4 % | 2.5 % |
Economic value added (EVA) | 38.31 | 28.98 | 44.56 | 25.70 | 3.92 |
Solvency | |||||
Equity ratio | 97.7 % | 90.2 % | 81.3 % | 86.4 % | 74.9 % |
Gearing | 0.4 % | 9.0 % | 21.5 % | 13.6 % | 31.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 43.2 | 10.2 | 5.3 | 7.3 | 4.0 |
Current ratio | 43.5 | 10.2 | 5.3 | 7.4 | 4.0 |
Cash and cash equivalents | 1 097.70 | 1 105.49 | 1 186.00 | 881.21 | 874.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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