THEN ApS — Credit Rating and Financial Key Figures

THEN ApS (CVR number: 32306527) is a company from HØRSHOLM. The company recorded a gross profit of 593 kDKK in 2023. The operating profit was -18.1 kDKK, while net earnings were -19.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -6.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.7 %, 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. THEN ApS's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.