THISGAARD HOLDING ApS — Credit Rating and Financial Key Figures

THISGAARD HOLDING ApS (CVR number: 27206050) is a company from HERNING. The company reported a net sales of 3.1 mDKK in 2018, demonstrating a growth of 228.3 % compared to the previous year. The operating profit percentage was at 99.5 % (EBIT: 3.1 mDKK), while net earnings were 3165.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.2 %, 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. THISGAARD HOLDING 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.