Thomas Thorsen Holding APS — Credit Rating and Financial Key Figures

Thomas Thorsen Holding APS (CVR number: 37204862) is a company from FREDERIKSSUND. The company recorded a gross profit of -8.9 kDKK in 2016. The operating profit was -8.9 kDKK, while net earnings were -14.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Thomas Thorsen Holding APS's liquidity measured by quick ratio was 1.3 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.