TH Biler ApS — Credit Rating and Financial Key Figures

TH Biler ApS (CVR number: 39492598) is a company from HOLBÆK. The company recorded a gross profit of 1166 kDKK in 2018. The operating profit was 746.2 kDKK, while net earnings were 477.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.3 %, which can be considered excellent and Return on Equity (ROE) was 90.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.8 %, 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. TH Biler ApS's liquidity measured by quick ratio was 2.2 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.