HANDELSSELSKABET THORØ NIELSEN A/S

HANDELSSELSKABET THORØ NIELSEN A/S (CVR number: 17817302) is a company from HERNING. The company recorded a gross profit of 1321.5 kDKK in 2023. The operating profit was -383.7 kDKK, while net earnings were -316.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.2 %, which can be considered poor and Return on Equity (ROE) was -15.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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. HANDELSSELSKABET THORØ NIELSEN A/S's liquidity measured by quick ratio was 1.5 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.