Thiesen & Ludvigsen ApS — Credit Rating and Financial Key Figures

Thiesen & Ludvigsen ApS (CVR number: 38296744) is a company from ASSENS. The company recorded a gross profit of 1066 kDKK in 2023. The operating profit was 394.9 kDKK, while net earnings were 183.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good and Return on Equity (ROE) was 14.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44.2 %, 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. Thiesen & Ludvigsen ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.