THOMAS NIELSEN & SØN. LENDUM A/S — Credit Rating and Financial Key Figures

THOMAS NIELSEN & SØN. LENDUM A/S (CVR number: 10158133) is a company from HJØRRING. The company recorded a gross profit of 19.5 mDKK in 2023. The operating profit was 127.7 kDKK, while net earnings were 266.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 35.7 %, 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. THOMAS NIELSEN & SØN. LENDUM 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.