THYHOLM TRÆ HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About THYHOLM TRÆ HOLDING A/S
THYHOLM TRÆ HOLDING A/S (CVR number: 64825917) is a company from STRUER. The company recorded a gross profit of -16.2 kDKK in 2021. The operating profit was -16.2 kDKK, while net earnings were 208.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THYHOLM TRÆ HOLDING A/S's liquidity measured by quick ratio was 6.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -27.03 | -27.23 | -25.87 | 511.33 | -16.25 |
| EBIT | -27.03 | -27.23 | -25.87 | 511.33 | -16.25 |
| Net earnings | 310.19 | 2.21 | - 116.76 | 508.36 | 208.13 |
| Shareholders equity total | 3 566.97 | 2 969.17 | 2 252.41 | 2 652.77 | 1 560.89 |
| Balance sheet total (assets) | 4 064.22 | 3 491.15 | 2 811.13 | 2 885.67 | 1 839.45 |
| Net debt | -3 304.70 | -2 731.64 | -2 029.37 | -2 885.67 | -1 617.46 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 10.1 % | 0.1 % | 0.8 % | 20.2 % | 11.4 % |
| ROE | 8.4 % | 0.1 % | -4.5 % | 20.7 % | 9.9 % |
| ROI | 11.4 % | 0.1 % | 1.0 % | 23.5 % | 12.1 % |
| Economic value added (EVA) | -39.72 | -40.41 | -37.80 | 439.71 | -0.97 |
| Solvency | |||||
| Equity ratio | 87.8 % | 85.0 % | 80.1 % | 91.9 % | 84.9 % |
| Gearing | 13.5 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.6 | 5.2 | 3.7 | 12.4 | 6.6 |
| Current ratio | 6.6 | 5.2 | 3.7 | 12.4 | 6.6 |
| Cash and cash equivalents | 3 304.70 | 2 731.64 | 2 029.37 | 2 885.67 | 1 828.07 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BBB | BBB | BBB |
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