THORUP TRANSPORT ApS — Credit Rating and Financial Key Figures

THORUP TRANSPORT ApS (CVR number: 27302386) is a company from HERNING. The company recorded a gross profit of 746.3 kDKK in 2023. The operating profit was 409.1 kDKK, while net earnings were 254.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 35 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.4 %, 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. THORUP TRANSPORT ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.