THORLIN ApS — Credit Rating and Financial Key Figures

THORLIN ApS (CVR number: 34712093) is a company from LOLLAND. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a decline of -24.9 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 0 mDKK), while net earnings were 5.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.5 %, 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. THORLIN ApS'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.