THOUGAARD A/S — Credit Rating and Financial Key Figures

THOUGAARD A/S (CVR number: 25476816) is a company from VIBORG. The company recorded a gross profit of 1893.5 kDKK in 2023. The operating profit was 851.5 kDKK, while net earnings were 647.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.2 %, which can be considered excellent and Return on Equity (ROE) was 37.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.6 %, 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. THOUGAARD A/S's liquidity measured by quick ratio was 1.7 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.