Thorbjorn ApS — Credit Rating and Financial Key Figures

Thorbjorn ApS (CVR number: 40409483) is a company from KØGE. The company recorded a gross profit of 0 kDKK in 2020, demonstrating a growth of 0 % compared to the previous year. The operating profit was 291.2 kDKK, while net earnings were 61.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 216.9 %, which can be considered excellent and Return on Equity (ROE) was 89.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Thorbjorn ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.