THERMO-TRANSIT DANMARK A/S — Credit Rating and Financial Key Figures

THERMO-TRANSIT DANMARK A/S (CVR number: 73628911) is a company from AABENRAA. The company reported a net sales of 647.3 mDKK in 2023, demonstrating a decline of -13.5 % compared to the previous year. The operating profit percentage was poor at -5 % (EBIT: -32.5 mDKK), while net earnings were -22.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.5 %, which can be considered poor and Return on Equity (ROE) was -15 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.9 %, 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. THERMO-TRANSIT DANMARK A/S's liquidity measured by quick ratio was 1.1 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.