THINK BIGGER MANAGEMENT A/S — Credit Rating and Financial Key Figures

CVR number: 31883741
Rosenkrantzvej 2, 8700 Horsens
info@mplus.dk
tel: 75601030

Company information

Official name
THINK BIGGER MANAGEMENT A/S
Personnel
1 person
Established
2008
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit9 931.5210 577.4512 426.50- 525.65678.46
EBIT- 157.70-1 366.32-4 629.00-1 233.22173.99
Net earnings6 824.675 570.8635 327.372 170.26-9 341.12
Shareholders equity total27 202.5633 021.7650 349.1352 777.4842 932.69
Balance sheet total (assets)29 373.2336 888.5356 148.4653 101.8243 319.35
Net debt-4 855.17-3 923.01-5 023.84- 276.71311.36
Profitability
EBIT-%
ROA18.6 %16.2 %74.4 %3.6 %-19.3 %
ROE19.6 %18.5 %84.7 %4.2 %-19.5 %
ROI19.5 %17.6 %81.7 %3.7 %-19.3 %
Economic value added (EVA)131.84- 603.61-2 799.01781.451 814.95
Solvency
Equity ratio92.6 %89.5 %89.7 %99.4 %99.1 %
Gearing0.1 %1.2 %1.7 %0.0 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.51.31.35.814.9
Current ratio3.51.31.35.814.9
Cash and cash equivalents4 874.034 329.155 904.37278.9662.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBAA

Variable visualization

ROA:-19.3%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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