Thomas Godtfredsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 47.63 | 87.51 | 136.06 | -29.30 | 239.56 |
Gross profit | 43.36 | 83.02 | 128.19 | -38.47 | 235.19 |
EBIT | 43.36 | 83.02 | 128.19 | -38.47 | 235.19 |
Net earnings | 43.96 | 84.36 | 130.22 | -34.48 | 236.39 |
Shareholders equity total | 115.61 | 144.67 | 218.40 | 126.72 | 304.21 |
Balance sheet total (assets) | 142.20 | 207.74 | 310.25 | 273.45 | 444.47 |
Net debt | 10.85 | 36.29 | 35.15 | 79.90 | 54.59 |
Profitability | |||||
EBIT-% | 91.0 % | 94.9 % | 94.2 % | 98.2 % | |
ROA | 37.6 % | 48.6 % | 51.1 % | -10.6 % | 68.5 % |
ROE | 47.0 % | 64.8 % | 71.7 % | -20.0 % | 109.7 % |
ROI | 42.3 % | 54.4 % | 58.7 % | -12.9 % | 85.5 % |
Economic value added (EVA) | 46.48 | 88.48 | 128.65 | -38.93 | 230.70 |
Solvency | |||||
Equity ratio | 81.3 % | 69.6 % | 70.4 % | 46.3 % | 68.4 % |
Gearing | 9.4 % | 28.9 % | 20.9 % | 70.5 % | 18.1 % |
Relative net indebtedness % | 55.8 % | 65.7 % | 59.8 % | -468.7 % | 58.3 % |
Liquidity | |||||
Quick ratio | 0.5 | 1.1 | 1.4 | 1.6 | 1.2 |
Current ratio | 0.5 | 1.1 | 1.4 | 1.6 | 1.2 |
Cash and cash equivalents | 5.55 | 10.47 | 9.38 | 0.54 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -29.2 % | 8.2 % | 23.8 % | -324.1 % | 13.7 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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