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 304.6 kDKK in 2024. The operating profit was 5.9 kDKK, while net earnings were -1.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.5 %, 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. THEN ApS's liquidity measured by quick ratio was 1.7 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.