Thor Wind Farm I/S — Credit Rating and Financial Key Figures

Thor Wind Farm I/S (CVR number: 41771321) is a company from KØBENHAVN. The company recorded a gross profit of -227 kEUR in 2023. The operating profit was -227 kEUR, while net earnings were -123 kEUR. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Thor Wind Farm I/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.