JACOB THRANE HOLDING ApS — Credit Rating and Financial Key Figures

JACOB THRANE HOLDING ApS (CVR number: 29804605) is a company from ESBJERG. The company reported a net sales of 1.4 mDKK in 2023, demonstrating a decline of -4.6 % compared to the previous year. The operating profit percentage was at 99.3 % (EBIT: 1.4 mDKK), while net earnings were 1382.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.7 %, which can be considered excellent and Return on Equity (ROE) was 38.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.8 %, 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. JACOB THRANE HOLDING ApS's liquidity measured by quick ratio was 12.9 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.