THINK BIGGER MANAGEMENT A/S
Credit rating
Company information
About THINK BIGGER MANAGEMENT A/S
THINK BIGGER MANAGEMENT A/S (CVR number: 31883741) is a company from HORSENS. The company recorded a gross profit of 678.5 kDKK in 2023. The operating profit was 174 kDKK, while net earnings were -9341.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.3 %, which can be considered poor and Return on Equity (ROE) was -19.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THINK BIGGER MANAGEMENT A/S's liquidity measured by quick ratio was 14.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 931.52 | 10 577.45 | 12 426.50 | - 525.65 | 678.46 |
EBIT | - 157.70 | -1 366.32 | -4 629.00 | -1 233.22 | 173.99 |
Net earnings | 6 824.67 | 5 570.86 | 35 327.37 | 2 170.26 | -9 341.12 |
Shareholders equity total | 27 202.56 | 33 021.76 | 50 349.13 | 52 777.48 | 42 932.69 |
Balance sheet total (assets) | 29 373.23 | 36 888.53 | 56 148.46 | 53 101.82 | 43 319.35 |
Net debt | -4 855.17 | -3 923.01 | -5 023.84 | - 276.71 | 311.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.6 % | 16.2 % | 74.4 % | 3.6 % | -19.3 % |
ROE | 19.6 % | 18.5 % | 84.7 % | 4.2 % | -19.5 % |
ROI | 19.5 % | 17.6 % | 81.7 % | 3.7 % | -19.3 % |
Economic value added (EVA) | 131.84 | - 603.61 | -2 799.01 | 781.45 | 1 814.95 |
Solvency | |||||
Equity ratio | 92.6 % | 89.5 % | 89.7 % | 99.4 % | 99.1 % |
Gearing | 0.1 % | 1.2 % | 1.7 % | 0.0 % | 0.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.5 | 1.3 | 1.3 | 5.8 | 14.9 |
Current ratio | 3.5 | 1.3 | 1.3 | 5.8 | 14.9 |
Cash and cash equivalents | 4 874.03 | 4 329.15 | 5 904.37 | 278.96 | 62.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BB | A | BBB |
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