THRANE & THRANE A/S — Credit Rating and Financial Key Figures

THRANE & THRANE A/S (CVR number: 65724618K) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 150 mUSD in 2024, demonstrating a decline of -32.7 % compared to the previous year. The operating profit percentage was poor at -30.3 % (EBIT: -45.5 mUSD), while net earnings were -50.7 mUSD. The profitability of the company measured by Return on Assets (ROA) was -20.9 %, which can be considered poor and Return on Equity (ROE) was -70.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. THRANE & THRANE A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.