Thorup Byg IVS — Credit Rating and Financial Key Figures

Thorup Byg IVS (CVR number: 39418428) is a company from ROSKILDE. The company recorded a gross profit of 371.3 kDKK in 2019. The operating profit was 369.9 kDKK, while net earnings were 270 kDKK. The profitability of the company measured by Return on Assets (ROA) was 118.6 %, which can be considered excellent and Return on Equity (ROE) was 117.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Thorup Byg IVS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.