Thai Smile Massage ApS

Thai Smile Massage ApS (CVR number: 40090843) is a company from KOLDING. The company recorded a gross profit of 656.7 kDKK in 2022. The operating profit was -17.8 kDKK, while net earnings were -19.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.9 %, which can be considered poor and Return on Equity (ROE) was -24.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17.3 %, 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. Thai Smile Massage 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.