THOR-LEM A/S — Credit Rating and Financial Key Figures

THOR-LEM A/S (CVR number: 13844542) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 4108.9 kDKK in 2023. The operating profit was -160.7 kDKK, while net earnings were -143.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. THOR-LEM A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.