THING SVINEPRODUKTION ApS — Credit Rating and Financial Key Figures

CVR number: 32102417
Hvilshøjvej 246, 9700 Brønderslev
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Company information

Official name
THING SVINEPRODUKTION ApS
Established
2009
Company form
Private limited company
Industry

About THING SVINEPRODUKTION ApS

THING SVINEPRODUKTION ApS (CVR number: 32102417) is a company from Brønderslev. The company recorded a gross profit of -52.7 kDKK in 2021. The operating profit was -52.7 kDKK, while net earnings were -44.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.1 %, which can be considered poor and Return on Equity (ROE) was -27.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.9 %, 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. THING SVINEPRODUKTION ApS's liquidity measured by quick ratio was 1.3 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit146.6445.74- 129.22171.54-52.65
EBIT146.6445.74- 129.22171.54-52.65
Net earnings114.6435.74- 148.12-13.05-44.05
Shareholders equity total309.69345.43197.32184.27140.21
Balance sheet total (assets)1 165.181 290.454 606.451 288.60426.24
Net debt-37.58- 178.412 238.58- 753.97- 371.48
Profitability
EBIT-%
ROA6.8 %3.7 %-4.4 %5.8 %-6.1 %
ROE45.4 %10.9 %-54.6 %-6.8 %-27.2 %
ROI50.9 %11.9 %-8.9 %12.7 %-31.5 %
Economic value added (EVA)106.2422.07- 109.0730.85-14.20
Solvency
Equity ratio26.6 %26.8 %4.3 %14.3 %32.9 %
Gearing1155.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.60.81.3
Current ratio1.41.41.91.11.3
Cash and cash equivalents37.58178.4141.31753.97371.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-6.14%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.9%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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