THORTRANS A/S — Credit Rating and Financial Key Figures

THORTRANS A/S (CVR number: 14322981) is a company from RANDERS. The company recorded a gross profit of 93 mDKK in 2022. The operating profit was 4925.4 kDKK, while net earnings were 3504.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 15 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. THORTRANS A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.