Thorn & Ottzen ApS — Credit Rating and Financial Key Figures

Thorn & Ottzen ApS (CVR number: 38045970) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 1143.6 kDKK in 2023. The operating profit was -311.7 kDKK, while net earnings were -369.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.5 %, which can be considered poor and Return on Equity (ROE) was -37.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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. Thorn & Ottzen ApS's liquidity measured by quick ratio was 1.2 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.