S. THOMSEN & SØN A/S. HORNE — Credit Rating and Financial Key Figures

S. THOMSEN & SØN A/S. HORNE (CVR number: 75449011) is a company from VARDE. The company recorded a gross profit of -28.2 kDKK in 2017. The operating profit was -28.2 kDKK, while net earnings were 171.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.4 %, 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. S. THOMSEN & SØN A/S. HORNE's liquidity measured by quick ratio was 1.5 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.