Thomas Godtfredsen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38496077
Marius Østergaardsvej 11, Tornby 9850 Hirtshals

Credit rating

Company information

Official name
Thomas Godtfredsen Holding ApS
Established
2017
Domicile
Tornby
Company form
Private limited company
Industry

About Thomas Godtfredsen Holding ApS

Thomas Godtfredsen Holding ApS (CVR number: 38496077) is a company from HJØRRING. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of -917.5 % compared to the previous year. The operating profit percentage was at 98.2 % (EBIT: 0.2 mDKK), while net earnings were 236.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 68.5 %, which can be considered excellent and Return on Equity (ROE) was 109.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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. Thomas Godtfredsen Holding ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales47.6387.51136.06-29.30239.56
Gross profit43.3683.02128.19-38.47235.19
EBIT43.3683.02128.19-38.47235.19
Net earnings43.9684.36130.22-34.48236.39
Shareholders equity total115.61144.67218.40126.72304.21
Balance sheet total (assets)142.20207.74310.25273.45444.47
Net debt10.8536.2935.1579.9054.59
Profitability
EBIT-%91.0 %94.9 %94.2 %98.2 %
ROA37.6 %48.6 %51.1 %-10.6 %68.5 %
ROE47.0 %64.8 %71.7 %-20.0 %109.7 %
ROI42.3 %54.4 %58.7 %-12.9 %85.5 %
Economic value added (EVA)46.4888.48128.65-38.93230.70
Solvency
Equity ratio81.3 %69.6 %70.4 %46.3 %68.4 %
Gearing9.4 %28.9 %20.9 %70.5 %18.1 %
Relative net indebtedness %55.8 %65.7 %59.8 %-468.7 %58.3 %
Liquidity
Quick ratio0.51.11.41.61.2
Current ratio0.51.11.41.61.2
Cash and cash equivalents5.5510.479.380.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-29.2 %8.2 %23.8 %-324.1 %13.7 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:68.5%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.4%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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