SVEND KNUDSEN - Elektrikeren Thy ApS — Credit Rating and Financial Key Figures

SVEND KNUDSEN - Elektrikeren Thy ApS (CVR number: 55941114) is a company from THISTED. The company recorded a gross profit of 4121.7 kDKK in 2023. The operating profit was 609.2 kDKK, while net earnings were 424 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 27.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.6 %, 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. SVEND KNUDSEN - Elektrikeren Thy ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.