Thornico Building K/S — Credit Rating and Financial Key Figures

Thornico Building K/S (CVR number: 39729288) is a company from ODENSE. The company recorded a gross profit of 3168.5 kDKK in 2023. The operating profit was 2690.5 kDKK, while net earnings were 1687.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.6 %, 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. Thornico Building K/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.