Steffensen Holding, Thisted ApS — Credit Rating and Financial Key Figures

Steffensen Holding, Thisted ApS (CVR number: 36956739) is a company from THISTED. The company recorded a gross profit of 119.4 kDKK in 2023. The operating profit was 103.7 kDKK, while net earnings were 144.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 37 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.4 %, 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. Steffensen Holding, Thisted ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.