LEMVIG - THYBORØN HÅNDBOLD A/S — Credit Rating and Financial Key Figures

LEMVIG - THYBORØN HÅNDBOLD A/S (CVR number: 29845476) is a company from LEMVIG. The company recorded a gross profit of 5670.5 kDKK in 2023. The operating profit was 62.2 kDKK, while net earnings were 41.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 26.9 %, 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. LEMVIG - THYBORØN HÅNDBOLD A/S's liquidity measured by quick ratio was 1.3 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.