HOTEL THINGGAARD ApS — Credit Rating and Financial Key Figures

HOTEL THINGGAARD ApS (CVR number: 29627924) is a company from THISTED. The company recorded a gross profit of 7407.5 kDKK in 2023. The operating profit was -787.3 kDKK, while net earnings were -599.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.6 %, which can be considered poor and Return on Equity (ROE) was -40.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HOTEL THINGGAARD ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.