THORNICO A/S — Credit Rating and Financial Key Figures

THORNICO A/S (CVR number: 15960205) is a company from ODENSE. The company reported a net sales of 6.9 mDKK in 2024, demonstrating a growth of 13.6 % compared to the previous year. The operating profit percentage was poor at -268.2 % (EBIT: -18.4 mDKK), while net earnings were 717.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 19 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORNICO A/S'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.