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

THRANE & THRANE A/S (CVR number: 65724618) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 122.3 mUSD in 2024, demonstrating a decline of -36.2 % compared to the previous year. The operating profit percentage was poor at -23.4 % (EBIT: -28.6 mUSD), while net earnings were -50.7 mUSD. The profitability of the company measured by Return on Assets (ROA) was -19.4 %, 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 60.4 %, 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. THRANE & THRANE A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.