Thye og Abildgaard Aps — Credit Rating and Financial Key Figures

Thye og Abildgaard Aps (CVR number: 35414460) is a company from AARHUS. The company recorded a gross profit of 7579.2 kDKK in 2017. The operating profit was 3979.2 kDKK, while net earnings were 3657.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 796.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Thye og Abildgaard 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.