THOMAS NØRGAARD HOLDING ApS — Credit Rating and Financial Key Figures

THOMAS NØRGAARD HOLDING ApS (CVR number: 29622051K) is a company from SKIVE. The company recorded a gross profit of 51.9 mDKK in 2023. The operating profit was 13.4 mDKK, while net earnings were 14.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.7 %, which can be considered excellent and Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. THOMAS NØRGAARD HOLDING ApS's liquidity measured by quick ratio was 3.7 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.