THOR LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

THOR LARSEN HOLDING ApS (CVR number: 25547845K) is a company from IKAST-BRANDE. The company recorded a gross profit of 31.7 mDKK in 2016. The operating profit was 4604.3 kDKK, while net earnings were 8192.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 44.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.7 %, 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. THOR LARSEN HOLDING ApS'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.