Third Ear Productions ApS — Credit Rating and Financial Key Figures

CVR number: 36982268
Refshalevej 163 A, 1432 København K
info@thirdear.dk
tel: 26247068
www.thirdear.dk
Free credit report Annual report

Credit rating

Company information

Official name
Third Ear Productions ApS
Personnel
5 persons
Established
2015
Company form
Private limited company
Industry

About Third Ear Productions ApS

Third Ear Productions ApS (CVR number: 36982268) is a company from KØBENHAVN. The company recorded a gross profit of 2711.2 kDKK in 2024. The operating profit was 129.2 kDKK, while net earnings were 122.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was 31.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Third Ear Productions ApS's liquidity measured by quick ratio was 1.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit840.661 161.571 415.991 405.642 711.20
EBIT80.59- 303.34- 368.25- 763.53129.25
Net earnings58.55- 330.94- 565.20- 762.69122.82
Shareholders equity total254.30-35.011 093.96331.27454.09
Balance sheet total (assets)2 085.041 669.912 160.45739.601 545.36
Net debt-1 967.97- 456.63-1 886.22- 231.7749.70
Profitability
EBIT-%
ROA6.0 %-16.0 %-19.1 %-52.6 %12.0 %
ROE26.0 %-34.4 %-40.9 %-107.0 %31.3 %
ROI31.2 %-201.5 %-65.9 %-107.0 %19.2 %
Economic value added (EVA)67.76- 212.23- 342.79- 637.84114.58
Solvency
Equity ratio12.2 %-2.1 %89.1 %58.7 %38.0 %
Gearing0.4 %142.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.918.33.01.1
Current ratio1.10.91.91.60.8
Cash and cash equivalents1 967.97456.631 886.22233.05598.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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