Thorlacius Design IVS — Credit Rating and Financial Key Figures

Thorlacius Design IVS (CVR number: 38561359) is a company from AARHUS. The company recorded a gross profit of -9.5 kDKK in 2020. The operating profit was -9.5 kDKK, while net earnings were -10.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -44.6 %, which can be considered poor and Return on Equity (ROE) was -127 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67 %, 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. Thorlacius Design IVS's liquidity measured by quick ratio was 3 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.