THISE UDVIKLINGSSELSKAB ApS — Credit Rating and Financial Key Figures

THISE UDVIKLINGSSELSKAB ApS (CVR number: 26042275) is a company from SKIVE. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was poor at -2.2 % (EBIT: -0 mDKK), while net earnings were 37.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 80 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THISE UDVIKLINGSSELSKAB ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.