THORLARCO HOLDING ApS — Credit Rating and Financial Key Figures

THORLARCO HOLDING ApS (CVR number: 20354135K) is a company from FREDERIKSHAVN. The company recorded a gross profit of 14.3 mDKK in 2020. The operating profit was 28.8 mDKK, while net earnings were 43.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 50.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.6 %, 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. THORLARCO HOLDING ApS's liquidity measured by quick ratio was 2.1 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.