THINELEPHANTS A/S — Credit Rating and Financial Key Figures

THINELEPHANTS A/S (CVR number: 32338852) is a company from FREDERIKSHAVN. The company recorded a gross profit of 3056.7 kDKK in 2024. The operating profit was 438.5 kDKK, while net earnings were 310.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good but Return on Equity (ROE) was 27.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. THINELEPHANTS A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.