THORN INTERNATIONAL TRANSPORT & SPEDITION ApS — Credit Rating and Financial Key Figures

THORN INTERNATIONAL TRANSPORT & SPEDITION ApS (CVR number: 10332133) is a company from Høje-Taastrup. The company recorded a gross profit of -34.3 kDKK in 2023. The operating profit was -34.3 kDKK, while net earnings were -188.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.1 %, 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. THORN INTERNATIONAL TRANSPORT & SPEDITION ApS's liquidity measured by quick ratio was 2.3 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.