TERRASSEN CAMPING A/S — Credit Rating and Financial Key Figures

TERRASSEN CAMPING A/S (CVR number: 29312451) is a company from SILKEBORG. The company recorded a gross profit of 3364.5 kDKK in 2023. The operating profit was 1401.8 kDKK, while net earnings were 524.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TERRASSEN CAMPING A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.