Forsorgshjemmene Thor og Odin ApS — Credit Rating and Financial Key Figures

Forsorgshjemmene Thor og Odin ApS (CVR number: 39793547) is a company from HJØRRING. The company recorded a gross profit of 14.7 mDKK in 2023. The operating profit was 398.8 kDKK, while net earnings were 260.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 67.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.8 %, 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. Forsorgshjemmene Thor og Odin ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.